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Question 23 4 points On January 1, 2019 Duncan Company borrowed money from a local...

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Accounting

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Question 23 4 points On January 1, 2019 Duncan Company borrowed money from a local bank. The note the company and requres live at instant payments of 519,900 beginning 1. The rest on man 7% Below is the chart. USE ONLY THE FACTORS ON THIS CHART Interest rate FV Future value of $1 PV Present value of $1 FVA Future value of an ordinary annuty 55256 5.6371 6.7507 5 8006 PVA Present Value of an ordinary anuity 4329948 4.29236 4.10020 3.99271 FVAD future value of an annuity due 5.8019 5.9753 6.1533 0.3359 PVAD Present value of an annuity d. 454505 446511 4.38721 431213 5% 0% 7% 8% 1.27628 1.33823 1.40255 146933 78353 74728 71299 .68058 What amount did Duncan borrow

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