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Wingate Company Borrowed $90,000 on January 2, 2020

Question 32

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Wingate Company borrowed $90,000 on January 2, 2020.This amount plus accrued interest of 6% compounded annually will be repaid at the end of three years.What amount will Wingate repay at the end of the third year?

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Use Table 1.
$90,000...

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