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What it be worth it to incur a compensating balance of $2000 in order to get a 1.5% lower interest rate on a one year,
What it be worth it to incur a compensating balance of $2000 in order to get a 1.5% lower interest rate on a one year, pure discount loan of $100,000?
Would it be worth it to incur a compensating balance of $2000 in order to get a 1.5% lower interest rate on a one year pier discount loan of $100,000?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
