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rjkz [21]
3 years ago
14

The pro forma balance sheet shows how the __________ resulting from a strategic plan will be financed.

Business
1 answer:
Lesechka [4]3 years ago
6 0

Answer:

AFN

GIVE GOOD RATING AND THANKS FOR MY HARD WORK :)

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Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
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In a mortgage, the amount of money borrowed is called the Loan principal, or just a loan.

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