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next fivo years at a me of $238,000 per yeur due on March 1 of each yoar. cellect en the notes from Bank of Zunch.
next fivo years at a me of $238,000 per yeur due on March 1 of each yoar. cellect en the notes from Bank of Zunch. a. What is she arnualzed percentage alin cost to Untaru Oi of financing the frist $238,000 nole due March 1, ene year from today? b. What might motivate Umaru Oi to use this relatively expensive atiemative for francing? (NoTe Astume a 360-day year)
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