Pace company has borrowed 60000 from pnc bank to repay the
Pace Company has borrowed $60,000 from PNC Bank. To repay the loan, it will make two payments, each one $31,000, at the end of 30 days and 60 days.
Find the cost of this short-term financing for Pace.
Show all steps and calculations.
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pace company has borrowed 60000 from pnc bank to repay the loan it will make two payments each one 31000 at the end of
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