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As the CFO of Willy Café Inc., which bank do you recommend to your firm?
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Willy Café Inc. needs to borrow $100,000 for a period of one year. There are three potential banks that agreed to lend the firm, The first is a one-year loan from Bank One, the interest charged is 8%
Willy Café Inc. needs to borrow $100,000 for a period of one year. There are three potential banks that agreed to lend the firm,
The first is a one-year loan from Bank One, the interest charged is 8% APR compounded daily, the second account, Max Saver account with Bank of Australia, charging 8.10% APR compounded monthly. The third offer is fromBank of Sydney, charging 8.25% APR compounded annually.
As the CFO of Willy Café Inc., which bank do you recommend to your firm
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[Solved] As the CFO of Willy Café Inc., which bank do you recommend to your firm?
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- Submitted On 09 Jan, 2021 10:10:56
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- Bhuvssun
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Answer:
loan =$100,000
period...
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As the CFO of Willy Café Inc., which bank do you recommend to your firm?
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loan =$100,000
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