Accountancy, asked by rithusonuRithu241, 11 months ago

The effective annualized cost (%) of a banker's acceptance that has an all-inclusive annual rate of 5.25% for a one-month loan of $2,000,000 is closest to:

Answers

Answered by meghakatiyar1
6

Answer:

in the first solve the percentage than see how much is profit ,loss,Cr .

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