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Home Q & A Board Other Fields Homework Help Business Accounting
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Kwami Kwami
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7 years ago
On March 2nd, Sean Penny decided to borrow $100,000 from National Bank for approximately 3 months. The bank offered Sean a 3-month note at 6% or a 90-day note at 6.05%. Which note reduces Sean's cost of borrowing? Show calculations.
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Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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hol23hol23
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7 years ago
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Kwami Author
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7 years ago
This really helped
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