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1. Determine the final value that a person must pay to settle a debt to the BDF of $12,500 over 90 days at an interest rate of 18%

2. A company will have to pay within 8 months the amount of $ 300,000 to a foreign supplier. If the bank creditor applies an effective rate of 15%, calculate the net value you will receive from the bank to honor your debt??

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92639137

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