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
Posted: Wed Mar 16, 2022 9:12 am
- 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 1 (86.59 KiB) Viewed 33 times
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