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Which one of the following borrowing sectors is the least important in terms of funds raised in the credit markets?
Note: Explain all steps comprehensively.
Basic Finance, Finance
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1) What is the value today, of single payment of $35,738 made 8 years from today, if the value is discounted at a rate of 17.00%? 2) How many years would it take an investment of $616 to grow to $3,075 at an annual rate ...
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