19. Randall Corporation plans to borrow $200,000 for one year at 8 percent from the...
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19. Randall Corporation plans to borrow $200,000 for one year at 8 percent from the Dominion Trust Company. There is a 20 percent compensating balance requirement. Randall keeps minimum transaction balances of $10,000 in the normal course of business. This idle cash counts toward meeting the compensating balance requirement. What is the annual rate of interest? Although biodiversity loss may be a large-scale problem, reducing threats to biodiversity can begin with a
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