Question
a.) Suppose that South Pangean debt is $200 million and the interest rate it pays on that debt is 6 percent. That means its
a.) Suppose that South Pangean debt is $200 million and the interest rate it pays on that debt is 6 percent. That means its interest payments must be $ million. b.) If South Pangean expenditures are $60 million without interest payments, that means its expenditures with interest payments are $ million.
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Authors: Philip J. Adelman; Alan M. Marks
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