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Other Fields Homework Help Finance Topic started by: daniellasousa on Jul 7, 2019



Title: Martin is offered an investment where for $5000 today, he will receive $5250 in one year. He decides ...
Post by: daniellasousa on Jul 7, 2019
Martin is offered an investment where for $5000 today, he will receive $5250 in one year. He decides to borrow $5000 from the bank to make this investment. What is the maximum interest rate the bank needs to offer on the loan if Martin is at least to break even on this investment?

▸ 5.6%

▸ 3.2%

▸ 4.8%

▸ 5.0%


Title: Martin is offered an investment where for $5000 today, he will receive $5250 in one year. He decides ...
Post by: kwashington67 on Jul 7, 2019
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Title: Martin is offered an investment where for $5000 today, he will receive $5250 in one year. He decides ...
Post by: daniellasousa on Jul 7, 2019
Thanks