Calculate the effective interest rate on loans with the following minimum compensating balancerequirements: Loan Rate Compensating Balance

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Calculate the effective interest rate on loans with the following minimum compensating balancerequirements:

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 04:11 AM

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Calculate the effective interest rate on loans with the following minimum compensating balancerequirements: Loan Rate Compensating Balance

Question:

Loan Rate Compensating Balance b. C. d. 6.5% 12.0% 10.5% 14.0% 8.5% 20% 10% 15% 25% 30%

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a 658 8125 b ...View the full answer

Practical financial management

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