Order the answer to: To finance a new product line, a company that makes

Assignment Help business economics Order the answer to: To finance a new product line, a company that makes

business economics

Order the answer to: To finance a new product line, a company that makes

Question To finance a new product line, a company that makes high-temperature ball bearings borrowed$1.8 million at 10% per year interest. If the company repaid the loan in a lump sum amount after 2 years, what was (a) The amount of the payment (b) The amount of interest?
Subject business economics
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