Calculate the level of interests accrued in a year if a loan of $200,000 is taken at

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Calculate the level of interests accrued in a year if a loan of $200,000 is taken at the beginning of the year and of it is repaid on September1.

The cost of the debt is 12 percent per year.

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Practical Finance For Operations And Supply Chain Management

ISBN: 9780262043595

1st Edition

Authors: Alejandro Serrano, Spyros D. Lekkakos, James B. Rice

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