Otaku36211 Otaku36211

16-01-2024
Business

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Analog Computers needs to borrow $865,000 from the Midland Bank The bank requires a 13% compensating balance. How much money will Analog need to borrow in order to end up with $865.000 spendable cash?
A. $546,250

B. $758,264

C. $558,824

D. None of these

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