Which loan would you select to finance your inventory
Problem
You need a one-year inventory loan for your business. Zuma Loans has a 1-year loan for 4% compounded annually. Inventory Loans has a 1-year loan for 3.93% compounded monthly.
Which loan would you select to finance your inventory? Why?
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You need a one-year inventory loan for your business. Which loan would you select to finance your inventory? Why?
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