imad9422 imad9422
  • 25-05-2023
  • Business
contestada

A client borrowed $5,500,000 from a private equity firm for the expansion of a building facility. The client repaid the loan after 1 year with a single payment of $6,200,000. What was the interest amount and interest rate on the loan?

Respuesta :

Otras preguntas

Blanco, Inc. has a net income of $300,000 for 2017, and there are 200,000 weighted-average shares of common stock outstanding. Dividends declared and paid durin
Two consecutive integers whose sum is -31
What is the mass of 2.50 moles of potassium chlorate in grams
83. According to Kennedy, why do relations between countries change?
The first-order isomerization reaction: cyclopropane → propene has a rate constant of 1.10×10-4 s-1 at 470°C and 5.70×10-4 s-1 at 500°C. What is the activation
Dairy Days Ice Cream sells ice cream cones for​ $5 per customer. Variable costs are​ $2 per cone. Fixed costs are​ $2100 per month. What is Dairy​ Days' contrib
Does a rectangular prism have 6 sides
hey who all are bored at home?​
How I can simplifying 28x13x25
This list represents the horses leading in a race: leadHorses ← ["Justify", "Bravazo", "Good Magic", "Tenfold", "Lone Sailor", "Sporting Chance", "Diamond King"