Question: if analog computers can borrow at 8% for 180 days. what is the effective rate of interest on a 1,000,000 loan where a 15% compensating

if analog computers can borrow at 8% for 180 days. what is the effective rate of interest on a 1,000,000 loan where a 15% compensating balance is required? please show work a. 18.80 b.17.27 c. 9.41 d. none of the above

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