Delta corp borrowed 200000 for six months from the bank the


Delta corp. borrowed 200,000 for six months from the bank. the rate is prime plus 2 pecent. the prime rate was 6.5% at the beginning of the loan and changed to 9 percent after 4 months if this was the only change how much interest must delta pay ?

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Financial Management: Delta corp borrowed 200000 for six months from the bank the
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