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You need to borrow $1000 right now but can repay the loan in 6 months. Since you want to pay as little interest as possible,
You need to borrow $1000 right now but can repay the loan in 6 months. Since you want to pay as little interest as possible, which type of load should you take: a discounted loan at 9% per annum or a simple inteeest loan at 10% per annum?
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HSBA Handbook On Ship Finance
Authors: Schinas
2015th Edition
3662434091, 978-3662434093
