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Analog Computers needs to borrow $790,000 from the Midland Bank. The bank requires a 19% compensating balance. How much money will Analog need to borrow

Analog Computers needs to borrow $790,000 from the Midland Bank. The bank requires a 19% compensating balance. How much money will Analog need to borrow in order to end up with $790,000 spendable cash? Note: Round your answer to the nearest dollar amount Multiple Choice O $940,00 $1664285 $1429900 5975309

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