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The stated interest rate is 6% for $30,000. If there is an amount for minimum balance we should keep in the bank account of
The stated interest rate is 6% for $30,000. If there is an amount for minimum balance we should keep in the bank account of $400 fee, what is the APR or Effective interest rate?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
