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If a company burrow 13 million for 12 months with stated rate of 24 percent interest, what is the effective rate of interest for 1.simple
If a company burrow 13 million for 12 months with stated rate of 24 percent interest, what is the effective rate of interest for 1.simple interest rate of 24 percent with a 10 percent compensating balance 2. discounted interest 3..Installment loan with 12 payments 4. a discounted interest with 5 percent compensating balance
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