Question: Analog Computers needs to borrow $ 8 1 5 , 0 0 0 from the Midland Bank. The bank requires a 1 8 % compensating

Analog Computers needs to borrow $815,000 from the Midland Bank. The bank requires a 18% compensating balance. How much money will Analog need to borrow in order to end up with $815,000 spendable cash?

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