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Business, 19.10.2019 02:20 lcdavis16

Canliss mining company borrowed money from a local bank. the note the company signed requires five annual installment payments of $16,500 not due for three years. the interest rate on the note is 7%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) what amount did canliss borrow? (do not round intermediate calculations. round your final answers to nearest whole dollar amount.)

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