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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 236 Weeks Ago, 6 Days Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
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The Maid of the Mist Corporation (MMC) has secured a bank loan to upgrade their fleet and purchase a new boat (the Maid of the Mist VI). The loan terms allow the MMC to defer payments, including interest, for six months and to make 36 end-of-the-month payments thereafter. MMC borrowed $1,600,000 and the loan had an interest rate of 11% compounded monthly.
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