1. A company takes out a loan of $100,000 at 5 % interest. The term...
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1. A company takes out a loan of $100,000 at 5 % interest. The term of the loan is eight years, with equal payments of $10,000 at the end of the first through seventh years. The balance of the loan is due as a balloon payment" at the end of the eighth year. Draw a cash flow diagram for this problem from the COMPANY'S viewpoint, assigning proper symbols to any unknown values. DO NOT solve for the unknowns
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