An enterprise borrowed 50,000 yuan at the beginning of the year, with an annual interest rate of 65,438+00%, and repaid the annuity in equal amount every year. Present value coefficient =5.6502. How m
An enterprise borrowed 50,000 yuan at the beginning of the year, with an annual interest rate of 65,438+00%, and repaid the annuity in equal amount every year. Present value coefficient =5.6502. How much should it pay every year?
This problem is the present value of annuity, and find the annuity value.
PV=A*PVIFA( 12%， 10)
A=PV/PVIFA( 12%， 10)
=50000/5.6502
=8849.24 yuan