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What Is the Cost to a Company That Takes Out

Question 2

Multiple Choice

What is the cost to a company that takes out a loan of 80,000 Emirati Dirham (AED) over 5 years (with no immediate repayment) at an interest rate of 8% and a discount rate of 6% (to the nearest AED) ?


A) AED 7,837
B) AED 7,934
C) AED 7,995
D) AED 8,012

Correct Answer:

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