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The following is a cash budget. Assume need a minimum cash balance of 6.000 at the start of each month. All borrowing are made in

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The following is a cash budget. Assume need a minimum cash balance of 6.000 at the start of each month. All borrowing are made in even 1.000 increments (not repayments). No borrowing or investments exist at the beginning of July. Interest is 1.5% per month. Fill in the boxes

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