How much did you borrow if your annual payments are $5,000 for the next seven years and the interest rate is 9%?
A) $25,164.76
B) $36,002.17
C) $19,140.20
D) $27,797.84
Answer: A
Business
You might also like to view...
Group mood is the process whereby mood spreads to ______.
A. the organization B. a second group C. the individuals in the group D. the customers
Business
The _______________________________ is a federal agency charged with enforcing the National Labor Relations Act.
Fill in the blank(s) with the appropriate word(s).
Business
A ________ is a mark or symbol used to identify goods of a particular manufacturer or merchant
A. certification mark B. true trademark C. watermark D. copyright
Business
Net present value is defined as the difference between the present value of the investment's net cash inflows and the investment's initial cost
Indicate whether the statement is true or false
Business