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QUESTION 15 Analog Computers nods to borrow $800,000 from the Midland Bank The bank requires a 15% compensating balance How much money will Analog need

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QUESTION 15 Analog Computers nods to borrow $800,000 from the Midland Bank The bank requires a 15% compensating balance How much money will Analog need to borrow in order to end up with $800,000 spendable cash? O $920,000 O $1,058.264 O $941,177 O none of these

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