vanhoe could borrow $108,100 from its bank to finance the purchase at


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vanhoe could borrow $108,100 from its bank to finance the purchase at an annual rate of 11%. Should Ivanhoe borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round answer to 0 decimal places, e.g. 7%.) Manufactu

Sale price $15.00 Regular price $30.00

vanhoe could borrow $108,100 from its bank to finance the purchase at an annual rate of 11%.

Should Ivanhoe borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round answer to 0 decimal places, e.g. 7%.)

Manufactu

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