Firm borrows $15,000 for three years. How much does it have to repay a lump sum at the end of the third year at an inter
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Firm borrows $15,000 for three years. How much does it have to repay a lump sum at the end of the third year at an inter
Firm borrows $15,000 for three years. How much does it have to repay a lump sum at the end of the third year at an interest rate of 12% per year? Please select one: O a. $20,400.00 O b.$5,400.00 O c. $21,073.92 d. NONE e. $18,735.70 O f.$6,245.23