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on 25 A loan company charges $30 interest for a one month loan of $500. Find the monthly interest rate they are charging ed out
on 25 A loan company charges $30 interest for a one month loan of $500. Find the monthly interest rate they are charging ed out of Select one: a. 72% question b. 60% C. 5% d. 6% 26 Calculate the future sum of $5,000, given that it will be held in the bank for 5 years at semiannuallyl interest rate of 6 percent Select one: put of a. 6719 question O b. 7619 o C. 7350 27 Money Has a Time Value(Mean) out of question Select one: a. A dollar received today is more valuable to the recipient than a dollar received in the future b. the cost of making a choice in terms of the next best alternative that must be foregone c. the difference between the cash flows a company will produce both with and without the investment it is thinking about making
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