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A design-build-operate engineering company burrowed $6 million for 3 years so that in can purchase new equipment. The interest is compounded and the total amount owed will be paid in a single lump sum amount at the end of the 3-year period. The interest at the end of the first year will be $900,000.
a) What is the interest rate on the loan?
b) How much interest will be charged at the end of the second year?
what is the cause of inflation in PNG
EXPLAIN THE MR AND MC APPROACH FOR EQUILIBRIUM DETERMINATION OF FIRM IN SHORT RUN.
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tax be cut as the main policy target
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#If the reserve bank wants to pursue a contractionary monetary policy, the bank should?
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