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Komok [63]
3 years ago
10

Bonita Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures wer

e $6350000 on March 1, $5260000 on June 1, and $8550000 on December 31. Bonita Industries borrowed $3200000 on January 1 on a 5-year, 13% note to help finance construction of the building. In addition, the company had outstanding all year a 11%, 3-year, $6370000 note payable and an 12%, 4-year, $12050000 note payable. What is the weighted-average interest rate used for interest capitalization purposes?
Business
1 answer:
solong [7]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition
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kobusy [5.1K]

(A) Eliminate status-blind employment practice.

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3 0
2 years ago
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Answer:

9.1%

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3 0
2 years ago
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