If the company repaid the loan in a lump sum amount after 2


In order to build a new warehouse facility, the regional distributor for Valco Multipostion Valves borrowed $2.3 million at 10% per yer interested. If the company repaid the loan in a lump sum amount after 2 years, what was the amount of the payment?

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Business Management: If the company repaid the loan in a lump sum amount after 2
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