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Need this answered ASAP Compensating balance versus discount loan Weathers Catering Supply, Inc., needs to borrow ( $ 147,000 ) for 6 months. State Bank

Need this answered ASAP Compensating balance versus discount loan Weathers Catering Supply, Inc., needs to borrow \( \$ 147,000 \) for 6 months. State Bank has offered to lend the funds at an annual rate of \( 8.7 \% \) subj 2 answers

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