Title: The Blackstone River Textiles Company will borrow $50 million for 6 months days from Woonssocket ... Post by: solina on Jun 1, 2017 The Blackstone River Textiles Company will borrow $50 million for 6 months days from Woonssocket Bank. The bank will charge Blackstone 4.5 % on a discounted basis. What is the dollar amount of interest Stoney River will need to pay and how much of the loan will Blackstone actually be able to use?
A) $1,125,000 , $48,875,000 B) $1,125,000, $50,000,000 C) $2,250,000, $47,750,000 D) $1,178,009, $50,000,000 Title: Re: The Blackstone River Textiles Company will borrow $50 million for 6 months days from Woonssocket ... Post by: David_hess on Jun 1, 2017 Content hidden
Title: Re: The Blackstone River Textiles Company will borrow $50 million for 6 months days from Woonssocket ... Post by: solina on Jun 26, 2017 Thank you
-solina |