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DAS,Inc.has a line of credit with FBT Bank that allows DAS to borrow up to $400,000 at an annual interest rate of 11 percent.However,DAS must keep a compensating balance of 25 percent of any amount borrowed on deposit at the bank.DAS does not normally have a cash balance account with the bank.What is the effective annual cost of credit?
Diagnosis Code
Alphanumeric codes that healthcare providers use to classify and record diseases, symptoms, and medical conditions.
Tuberculosis
A potentially serious infectious disease that primarily affects the lungs and is caused by the bacterium Mycobacterium tuberculosis.
Positive
Affirmative in attitude or quality; indicative of the presence of a particular condition, substance, or feature.
Poliomyelitis
An infectious viral disease that affects the nervous system, potentially leading to paralysis.
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