Analog Computers needs to borrow $820,000 from the Midland Bank. The bank requires a 17%...
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Analog Computers needs to borrow $820,000 from the Midland Bank. The bank requires a 17% compensating balance. How much money will Analog need to borrow in order to end up with $820,000 spendable cash? (Round your answer to the nearest dollar amount.) $1,676,928 $959,400 $1,500,600 $987,952 (select one)
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