Solution-Calculate the amount that Pareto will pay on the

Calculate the amount that Pareto will pay on the due date

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Problem - On January 1, 2017, the Pareto Company borrowed $80,000 in exchange for an interest-bearing note. The note plus interest compounded at an annual rate of 8% is due on December 31, 2019. Calculate the amount that Pareto will pay on the due date.

Reference no: EM132750689

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Calculate the amount that Pareto will pay on the due date

Reference no: EM132750689

Reference no: EM132750689

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