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What happens when a bank charges discount interest on a loan?
When a bank charges reduction in interest on a loan the required interest payment is subtracted from the loan proceeds at the time the loan is made. This makes the efficient interest rate greater than the stated rate.
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Discuss the applicability ofan operating cycle in a poultry business(consider broilers)
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The financial institutions that originate the loans sell a pool of cashflow-producing assets to a specially created third party that is called a
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