Elena plans to open a non-profit child-care center in her depressed neighborhood.  She may qualify for an SBA loan program that provides loans of up to $50,000 known as the:

A. 7(a) Loan Guaranty Program.
B. 7(m) Microloan Program.
C. Certified Development Company 504 Loan Program.
D. Small Business Investment Program.


Answer: B

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A) cognitive mapping B) multiattribute C) affect referral D) evoked-set

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Owner's equity is equal to ________

A) brand assets minus brand liabilities B) brand assets divided by brand liabilities C) company assets minus company liabilities D) company assets divided by company liabilities E) company liabilities minus brand liabilities

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Identify the characteristic nature of late majority.

A. They use salespeople and have much contact with the early majority. B. They make a lot of use of salespeople. C. They make a lot of use of mass media. D. They respond more to social pressure from other late adopters than to salespeople. E. They have a lot of contact with early adopters.

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Frank purchased his house 16 years ago by taking out a 25-year mortgage for $150,000. The mortgage has a fixed interest rate of 5 percent compounded monthly. If he wants to pay off his mortgage today, how much money does he need? He made his most recent mortgage payment earlier today. (Round your intermediate calculation and your answer to two decimal places.)

A. $65,459.98 B. $70,856.65 C. $76,136.95 D. $80,425.21 E. $85,024.66

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