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OpenStudy (anonymous):
beginning cash bal. Jan. 8000; plus cash rept is 100,000 payments of 90,000 & 31,000; want a 5,000 cushion; feb. cash recpt is 106,000 payments of 72,000 & 32,000. borrow in increments of 1,000 @ 1% interest. .. feb surplus before finance activ. is 7,010.... what did they borrow in Jan??
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