You borrow 16500 at 16 interest on jauary 27th of a leap


You borrow $16,500 at 16% interest on Jauary 27th of a leap year. The amount is to be repaid on July 1st of the same year. What amount is needed to settle the debt at the end of the tem? Use the four possible combinations of time and interest.

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Financial Management: You borrow 16500 at 16 interest on jauary 27th of a leap
Reference No:- TGS01404922

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