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A company has borrowed$30,000 at 6.0% interest compounded annually. The loan is for 5years. What is the total interest that will be paid? $10,147 $8.246
A company has borrowed$30,000 at 6.0% interest compounded annually. The loan is for 5years. What is the total interest that will be paid?
$10,147 | ||
$8.246 | ||
$9,512 | ||
$11,837 |
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
