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V125BC [204]
4 years ago
6

Craig borrowed $242,000 on October 1, 2020 and is required to pay $252,000 on March 1, 2021. How much cash did Craig receive on

on October 1, 2020?
Business
1 answer:
Tom [10]4 years ago
3 0

Answer:

Craig received $242,000 on October 1, 2020

Explanation:

This is the amount he received in cash and the additional $10000 is the interest charged on the initial amount.

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Mariana [72]

Answer:

Explanation:

Dividends.

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