What is the amount of these two payments

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Reference no: EM132050014

VTEPS, Inc. has decided to provide your team $200,000 today for your BRG efforts. It expects you to repay this at the end of 5 years with a 12% annual interest rate.

What is the amount that you will repay in 5 years?

What if VTEPS, Inc. wants two equal payments at the end of years 4 & 5 only?

What is the amount of these two payments?

Reference no: EM132050014

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