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Fouch Corporation wants to borrow $80,000 and use a noninterest-bearing note with a five-year life. If the market interest rate is 8 percent and the
Fouch Corporation wants to borrow $80,000 and use a noninterest-bearing note with a five-year life. If the market interest rate is 8 percent and the interest is compounded semiannually? (make a full chart in excel for the life of the note interest expense,CV at the bottom should be the face value)
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