A firm wants to borrow funds to purchase a new piece of equipment that costs $20,000 and has a useful life of one year. The investment is expected to produce an additional $1,500 in total revenue. The firm will most likely make the investment if the interest rate is:

A. 6 percent
B. 8 percent
C. 10 percent
D. 12 percent


A. 6 percent

Criminal Justice

You might also like to view...

Genetic ____________ may be identified in semen stains

Fill in the blank(s) with correct word

Criminal Justice

States are the primary locus of ____________, which is the power to make laws in furtherance of the public health, safety, welfare and morality

a. the police power b. sovereignty c. eminent domain d. parens patriae

Criminal Justice

Which of the following refers to graphical circles whose pieces represent proportions of some phenomenon and total 100 percent?

a. Pie charts b. Bar graphs c. Frequency polygons d. All of the above

Criminal Justice

According to Chapter 10, what researcher(s) provided a historical perspective of prison-based substance abuse treatment programs in California?

A) Prendergast B) Wexler C) Donovan D) Prendergast and Wexler C) Wexler and Donovan

Criminal Justice