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If Analog Computers can borrow at 9.5% for 3 years, what is the effective rate of interest on a $800,000 loan where a 15% compensa

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  • Post Date 2021-04-14T10:12:08+00:00
  • Post Category Research Paper Queries

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If Analog Computers can borrow at 9.5% for 3 years, what is the effective rate of interest on a $800,000 loan where a 15% compensating balance is required?

If Analog Computers can borrow at 9.5% for 3 years, what is the effective rate of interest on a $800,000 loan where a 15% compensating balance is required?


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