Subhrodip sengupta- finance 100 (3) problems
PROBLEMS 1). The following three one-year “discount” loans are available to you: Loan A: $120,000 at a 7 percent discount rate Loan B: $110,000 at a 6 percent discount rate Loan C: $130,000 at a 6.5 percent discount rate a. Determine the dollar amount of interest you would pay on each loan and indicate […]