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Test 1. Compute the value of the unknown variables (those indicated with the letters A-J). Write your answers on a separate sheet of paper. 2
Test 1. Compute the value of the unknown variables (those indicated with the letters A-J). Write your answers on a separate sheet of paper. 2 points each. Lending A B D E Insitutions Amounts to 2,000,000 3,000,000 5,000,000 4,000,000 800,000 be borrowed Nominal 12$, 10% 128 10% in 13% interest discounted advance rate Compensating None 5$ 150,000 10% balance Average 200,000 200,000 300,000 100,000 none deposit even if loan not granted Term of loan 1 year 1 year 1 year 1 year 1 year Interest 2% 5% earned by the compensating balance. Net finance A D G I charges Effective B 10.24% F H J interest rate is 3% 38 E G I B F J Test 1. Compute the value of the unknown variables (those indicated with the letters A-J). Write your answers on a separate sheet of paper. 2 points each. Lending A B D E Insitutions Amounts to 2,000,000 3,000,000 5,000,000 4,000,000 800,000 be borrowed Nominal 12$, 10% 128 10% in 13% interest discounted advance rate Compensating None 5$ 150,000 10% balance Average 200,000 200,000 300,000 100,000 none deposit even if loan not granted Term of loan 1 year 1 year 1 year 1 year 1 year Interest 2% 5% earned by the compensating balance. Net finance A D G I charges Effective B 10.24% F H J interest rate is 3% 38 E G I B F J
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