Melia Company is having problems with its seasonal financing needs. Based on the information retrieved...
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Accounting
Melia Company is having problems with its seasonal financing needs. Based on the information retrieved from Development Bank, this is the rate that is available[A1] :
a. 10% kadar faedah pada deposit jangka pendek
10% interest rate on short-term deposit
b. 12% kadar faedah pada pinjaman bulanan jangka pendek
12% interest rate on short-term monthly borrowing
c. 16% kadar fadeah sekiranya pada pinjaman jangka panjang 6 bulan
16% interest rate if on long-term 6-month borrowing
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