Lucky Louie applied for a $5,000 loan payable in one year and was provided the following data; interest due at payoff of $750, application fee $100, credit check $75, processing fee $75. What is the APR of Louie's loan?
A) 20%
B) 17.5%
C) 22.5%
D) There is not enough information to determine the answer.
Answer: A
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Jeremy doesn’t have as many fulfilling relationships as do his friends who are emotionally attuned. Which term below describes Jeremy?
A. emotionally intelligent B. artificially intelligent C. unattached D. emotionally tone-deaf
Which task is not essential during a data conversion procedure?
a. decomposing the system b. validating the database c. reconciliation of new and old databases d. backing up the original files
Drilling equipment with a five-year useful life is used solely in conjunction with an oil well that has an eight-year life. The equipment should be depreciated over eight years
Indicate whether the statement is true or false
Monsanto operates in many businesses, including pharmaceuticals and food products. The company defines its ________ as creating "abundant food and a healthy environment."
A) strategy B) marketing development C) business portfolio D) value-delivery network E) mission