Crimini Foods is offered a $400,000 line of credit for six months at an APR of 10%. This loan has a loan origination fee of 2%. What is the actual six-month interest rate paid, expressed as an EAR?
A) 7.14%
B) 10.60%
C) 11.03%
D) 14.80%
Answer: D
Business
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a. true b. false
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MPR is the technique of turning an organization's activities into news. Provide a few examples of opportunities for MPR in today's media environment
What will be an ideal response?
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