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Home Q & A Board Science-Related Homework Help Mathematics
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zitze zitze
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5 months ago
Your company can obtain a business line of credit from a bank at 7.5% compounded semiannually, or from the Small Business Development Bank at 7.45% compounded monthly. If your company requires $100,000 for two years, how much money can you save in interest by choosing the best option?

▸ $148.81

▸ $184.81

▸ $128.81

▸ $152.81

▸ $146.81
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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JaynieJaynie
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