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    Exam 16: Short-Term Business Financing
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    When a Loan Is Discounted, to Receive the Desired Usable
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When a Loan Is Discounted, to Receive the Desired Usable

Question 12

Question 12

True/False

When a loan is discounted, to receive the desired usable funds, the loan request must equal Desired usable funds x (1 - Discount).

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