What is the nominal cost of six month discount loan of
What is the nominal cost of six month discount loan of 100,000 with a stated rate of 8% if there are 100 in closing cost due at the beginning?
a. 8.34 b. 8.55 c.8.62 d9.16
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what is the nominal cost of six month discount loan of 100000 with a stated rate of 8 if there are 100 in closing cost
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