In order to restructure some of its debt general motors, Business Economics

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In order to restructure some of its debt general motors

In order to restructure some of its debt, General Motors decided to pay off one of its short-term loans. If the company borrowed the money 1 year ago at an interest rate of 8% per year and the total cost of repaying the loan was $82 million, what was the amount of the original loan?

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Business Economics: In order to restructure some of its debt general motors

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