if you borrow $100,000 at the beginning of the year, how much will you have to repay after one month, assuming 1) bank quotes you an annual loan interest rate of 6 , monthly compounding 2) the prevailing annual interest rate is 6 monthly compounding

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if you borrow $100,000 at the beginning of the year, how much will you have to repay after one month, assuming 1) bank quotes you an annual loan interest rate of 6 , monthly compounding  2) the prevailing annual interest rate is 6  monthly compounding

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if you borrow $100,000 at the beginning of the year, how much will you have to repay after one month, assuming 1) bank quotes you

if you borrow $100,000 at the beginning of the year, how much will you have to repay after one month, assuming 1) bank quotes you an annual loan interest rate of 6%, monthly compounding. 2) the prevailing annual interest rate is 6% monthly compounding

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