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Friend of Willie’s Assignment | Assignment Help Services

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September 13th, 2019

Research some of the risks associated with this type of loan. Can you think of any ways to reduce the risk?

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4. A friend of Willie’s is a real estate developer and needs to borrow $75,000 to finish a development project. He is desparate for cash and offers Willie 18%, compounded monthlyfor 2 ½ years.

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