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Need help within 30 minutes in possible! Please let me know if the time frame is appropriate WIll tip if it is done in time!
Need help within 30 minutes in possible!
Please let me know if the time frame is appropriate
WIll tip if it is done in time!
Thanks
What is the APR and APY cost of selling 130-day commercial paper, with a discount rate of 8.5%? a. 2.9207% b. 3.3086% c. 7.1815% d. 8.2776% e. 8.5000% f. 8.5015% g. 8.6083% h. 8.6625% i. 8.6820% j. 8.7654% k. 8.7731% l. 9.2896% m. 10.1986% n. 11.1600% o. 11.1644% p. 12.0790% q. 13.4305% r. 14.4286% s. 23.8654% t. 26.0824% u. none of the above A bank will give you a 3-year $65,000 installment loan, which is to be repaid in 36 equal monthly installments. The loan is called an 8% add-on loan, which means you must pay 8% per year on the original loan amount (not just the remaining balance). Your total payments will sum to $80,600 (the principal of $65,000 plus total interest of $15,600 = 3 times 8% of $65,000), which would make your monthly payment $2,238.89 (= 80,600/36). What is this loans APY? a. 1.2123% b. 3.7689% c. 3.8400% d. 4.1400% e. 6.2974% f. 7.6200% g. 9.1872% h. 10.6498% i. 11.2376% j. 14.5481% k. 15.5585% l. 23.6984% m. 26.3040% n. 26.4663% o. 33.6873% p. 41.4045% q. 43.6443% r. 50.9967% s. 54.3139% t. 55.8858% u. none of the aboveStep by Step Solution
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