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Other Fields Homework Help Business Topic started by: papahomer on Jun 1, 2017



Title: Fibercom Inc. needs $500,000 for one year. If the loan takes the form of a discounted note at a ...
Post by: papahomer on Jun 1, 2017
Fibercom Inc. needs $500,000 for one year.  If the loan takes the form of a discounted note at a stated rate of 4%, how much will Fibercom actually need to borrow?
A) $480,000
B) $500,000
C) $520,833
D) $520,000


Title: Re: Fibercom Inc. needs $500,000 for one year. If the loan takes the form of a discounted note at a ...
Post by: Lutional on Jun 1, 2017
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