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In Order to Finance a Shipment of Badminton Sets,Rujisawa Import-Export

question 62

Essay

In order to finance a shipment of badminton sets,Rujisawa Import-Export is seeking a $500,000 one-year bank loan.The Marine Bank requires that Rujisawa maintain a 20% compensating balance and requires four quarterly payments.The Prairie Bank requires only a 10% compensating balance,but requires 12 monthly payments.In addition,the Prairie Bank discounts the loan.Both banks state that their interest rate is 9%.
A)Which bank has the lowest annual interest rate? (NOTE: deduct the compensating balances from the principal in determining the annual rate.)
B)If Prairie Bank eliminated its compensating-balance requirement,would your answer change?

Recognize the significance of skin sensitivity variation across different body parts and its underlying neurophysiological mechanisms.
Grasp the functional aspects of the vestibular system in maintaining balance and spatial orientation.
Understand the complexity of sensory processing pathways, including the distinction between different spinothalamic tracts.
Comprehend the implications of sensory input loss, such as deafferentation, on the human body.

Definitions:

Negative Attitudes

A negative attitude refers to a general disposition of displeasure or aversion towards something, often manifesting in pessimism or opposition.

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A business entity that focuses on the development and manufacturing of technology products or providing technology as a service.

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A tool or program designed to help individuals learn and adapt to the cultural norms of a different culture.

Understanding Traditions

The act of grasping the beliefs, behaviors, and values passed down within a culture or community.

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