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A cash budget, by quarters, is given below (000 omitted). Thecompany requires a minimum cash balance of at least $8,000 to starteach quarter. Interest paid

A cash budget, by quarters, is given below (000 omitted). Thecompany requires a minimum cash balance of at least $8,000 to starteach quarter. Interest paid will total $1,000 for the year. Assumetha A cash budget, by quarters, is given below ( 000 omitted). The company requires a minimum cash balance of at least \( \$ 5,000 \) to start each quarter. Interest paid will total \( \$ 1,000 \) for the 1 answer

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