A bank just approved your small business loan for $25,000. The loan has an interest rate of 10.5% and will be repaid with 10 end-of-year payments. What is the required annual loan payment?

a.$2980.59 b.$4156.43 c.$3396.03 d.$3642.15 e.$4572.23

At a young age, ebony's coaches were confident she had the potential to be a world-class swimmer with a future coaching career. after four years on an athletic scholarship and olympic experience under her belt, she chose a different path. with her savings and personal connections, she rented a corner building in a bustling san francisco neighborhood and pursued her dream: a surf shop business. ebony's dream was rooted in which basic right of free-market capitalism?

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.

In order to stay on track for long term financial goals, money for emergency spending should be taken first from your savings account. discretionary money. fixed expense money. net income.