Talmud Book Company borrows $24,900 for 60 days at 12 percent interest. What is the dollar cost

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Talmud Book Company borrows $24,900 for 60 days at 12 percent interest. What is the dollar cost of theloan?
Talmud Book Company borrows $24,900 for 60 days at 12
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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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