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The treasurer for the Macon Blue Sox baseball team is seeking a $28,600 loan for one year from the 4th National Bank of Macon. The

The treasurer for the Macon Blue Sox baseball team is seeking a $28,600 loan for one year from the 4th National Bank of Macon. The stated interest rate is 12 percent, and there is a 22 percent compensating balance requirement. The treasurer always keeps a minimum of $2,360 in the baseball team

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