PLEASE, PLEASE use an Excel formula:

1. Begin the formula with an = sign.

2. Reference cells, instead of entering values.

Example: =PV(H8+H9)

$A company borrowed money from a local bank. The note the company signed requires five annual installment payments of \( \$ 30$

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PLEASE, PLEASE use an Excel formula:

1. Begin the formula with an = sign.

2. Reference cells, instead of entering values.

Example: =PV(H8+H9)

$A company borrowed money from a local bank. The note the company signed requires five annual installment payments of \( \$ 30$

A company borrowed money from a local bank. The note the company signed requires five annual installment payments of $ \$ 30,000 $ beginning immediately. The interest rate on the note is $ 9 \% $. What amount did the company borrow?

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