Question: a hotel owner borrows $ 5 0 0 0 0 at 7 . 5 % interest for one year. the owner re - invests the
a hotel owner borrows $ at interest for one year. the owner reinvests the money and achieves a gain in that year. A hotel owner borrows $ at interest for one year. The owner reinvests the money and achieves a gain in that year. What was the dollar
amount of the surplus gain achieved by this hotel owner's leveraging activity?
$
$
$
$
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