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Talmud Book Company borrows $24,900 for 60 days at 12 percent interest. What is the dollar cost of the loan? (Use a 360-day year. Do
| Talmud Book Company borrows $24,900 for 60 days at 12 percent interest. |
| What is the dollar cost of the loan? (Use a 360-day year. Do not round intermediate calculations.) |
| Cost of loan | $ |
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Canadian Multinationals And International Finance
Authors: Gregory P. Marchildon, Duncan McDowall
1st Edition
0714634816, 978-0714634814
