Talmud Book Company borrows $16,000 for 30 days at 9 percent interest. What is the dollar cost

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Talmud Book Company borrows $16,000 for 30 days at 9 percent interest. What is the dollar cost of the loan?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Question Posted: Sep 15, 2018 07:31 AM

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Talmud Book Company borrows $16,000 for 30 days at 9 percent interest. What is the dollar cost

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Foundations of Financial Management

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