If the interest rate on the 200000 loan is 12 percent how, Finance Basics

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If the interest rate on the 200000 loan is 12 percent how

Suppose your firm is seeking a 3-year, amortizing $200,000 loan with annual payments and your bank is offering you the choice between a $207,000 loan with a $7,000 compensating balance and a $200,000 loan without a compensating balance. If the interest rate on the $200,000 loan is 12 percent, how low would the interest rate on the loan with the compensating balance have to be in order for you to choose it?

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Finance Basics: If the interest rate on the 200000 loan is 12 percent how

Reference No:- TGS0621562

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : A 30-meter steel tape is correct at a temperature of 200c

Q : Acid halides and acid anhydrides can also be used to make

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Q : If the interest rate on the 200000 loan is 12 percent how

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: If the interest rate on the 200000 loan is 12 percent how

Reference No:- TGS0621562

Recent Questions Asked Finance Basics

Q : A 30-meter steel tape is correct at a temperature of 200c

Q : Acid halides and acid anhydrides can also be used to make

Q : The average intensity of sunlight reaching the earth is

Q : A 1000-kilogram race car is traveling at 60 ms around a

Q : If the interest rate on the 200000 loan is 12 percent how

Q : If the common shares are selling for 30 per share the

Q : How many time units would youneed to compute all the carry

Q : Suppose that jr cos has a capital structure of 80 percent

Q : The trading cost per sale or purchase of marketable

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