meetsohi99 meetsohi99
  • 17-10-2020
  • Mathematics
contestada

Your firm needs $630 for one quarter to finance a deficit. Interest charges are 2% per quarter. Your bank
requires a 10% compensating balance. How much must your firm borrow in order to obtain the needed funds?
$700.00
$705.00
O $693.00
$715.91

Respuesta :

shxrve shxrve
  • 17-10-2020
The answer is $700


Hope this helps
Answer Link
ACCESS MORE

Otras preguntas

Read the excerpt from Brown v. Board of Education. [T]here are findings below that the Negro and white schools involved have been equalized, or are being equal
I need help but fast
A co-worker gave you $4.75 to buy her a cup of coffee. It covered 5/6 of the actual cost of the coffee.How much did the coffee cost?
Identify the vertex of the parabola PLEASE HELP!!!!A. (-3,2)B. (-2,-1)C. (1,2) D. (-1,-2)
Org. chem. How is this "1-aminopropan-2-ol" and not "3-aminopropan-2-ol"
If KN=29, what is CN?
i need help asap!!! please help !!
What was an activity of the national war labor board?
What are some of the chacteristcs of king's muse?
Please help!! A carpet layer is given a roll of carpet which has already been cut for a 12-ft wall. The wall measures 1.5 cm on a drawing. The length of the roo