Assume that you borrow $2000 at 10% annual interest to finance a new business project. For this loan to be profitable, the minimum amount this project must generate in annual earnings is
A) $400.
B) $201.
C) $200.
D) $199.
B
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The current cost of a market basket of goods is $800 . The cost of the same basket of goods in the base year was $1,000 . The current price index is: a. 120. b. 100. c. 80
d. -20.
Which of the following decreases if the U.S. removes an import quota on computer components?
a. U.S. imports and U.S. exports. b. U.S. imports but not U.S. exports. c. U.S. exports but not U.S. imports. d. Neither U.S. exports nor U.S. imports.
According to a study by economists Ian Ayres and Steven Levitt, the division of the total benefit of the Lojack to its owners and all other car owners is:
A. 100 percent to the car owner with a Lojack, 0 percent to other car owners. B. 10 percent to the car owner with a Lojack, 90 percent to other car owners. C. 75 percent to the car owner with a Lojack, 25 percent to other car owners. D. 50 percent to the car owner with a Lojack, 50 percent to other car owners.
Net exports is a positive number when:
A. A nation;s exports of goods and services are increasing B. A nation exports goods and services to other nations C. A nation;s exports of goods and services exceed its imports D. A nation;s exports of goods and services fall short of its imports