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solina solina
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6 years ago
The correct equation for calculating the cost of short-term credit is
A) rate = interest/(principal × time).
B) rate = (principal × time)/interest.
C) rate = principal/(time × interest).
D) rate = principal × interest × time.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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#1
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6 years ago
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solina Author
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#2
6 years ago
Simple and easy, thank u
Heavy Heart Thank you bio-forums! Heavy Heart
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