If you borrow 100 from a bank at an apr of 10 percent, Financial Management

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If you borrow 100 from a bank at an apr of 10 percent

?(Compound interest with nonannual periods?) After examining the various personal loan rates available to? you, you find that you can borrow funds from a finance company at an APR of 99 percent compounded quarterly or from a bank at an APR of 10 percent compounded weekly Which alternative is more? attractive?

If you borrow ?$100 from a bank at an APR of 10 percent compounded weekly for 11 ?year, how much do you need to payoff the? loan?

Please show all work and the formula that is used.

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Financial Management: If you borrow 100 from a bank at an apr of 10 percent

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Financial Management: If you borrow 100 from a bank at an apr of 10 percent

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