Order the answer to: A shrewd investor loaned $1,000,000 to a start-up company at

Academic Help business economics Order the answer to: A shrewd investor loaned $1,000,000 to a start-up company at

business economics

Order the answer to: A shrewd investor loaned $1,000,000 to a start-up company at

Question A shrewd investor loaned $1,000,000 to a start-up company at 10% per year interest for 3 years, but the terms of the agreement were such that interest would be charged on the principal rather than on the unpaid balance. How much extra interest did the company pay?
Subject business economics
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