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Melia Company is having problems with its seasonal financing needs. Based on the information retrieved...

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Accounting

Melia Company is having problems with its seasonal financing needs. Based on the information retrieved from Development Bank, this is the rate that is available[A1] :

a. 10% kadar faedah pada deposit jangka pendek

10% interest rate on short-term deposit

b. 12% kadar faedah pada pinjaman bulanan jangka pendek

12% interest rate on short-term monthly borrowing

c. 16% kadar fadeah sekiranya pada pinjaman jangka panjang 6 bulan

16% interest rate if on long-term 6-month borrowing

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