JalenForeman756 JalenForeman756
  • 25-05-2023
  • Business
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Question 4 General Electric borrowed $300,000,000 to buy equipment with the principal and interest to be repaid as a balloon note at the end of 5 years. How much will General Electric pay to liquidate the principal of the note at the maturity date if interest is 8% compounded quarterly? O $331,200,000 O$657,300,000 O$444,000,000 O $445,800,000

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