At the rate 6.34% would be indifferent between these two projects.
Answer: Option A.
<u>Explanation:</u>
Rate of interest is the rate a bank or other loan specialist charges to obtain its cash, or the rate a bank pays its savers for keeping cash in a record. The yearly financing cost is the rate over a time of one year.
An interest rate is the level of chief charged by the bank for the utilization of its cash. The chief is the measure of cash credited. Since banks acquire cash from you (as stores), they likewise pay you a loan cost on your cash.
Answer:
The correct answer to the following question is false .
Explanation:
Entrepreneurship can be defined as a process in which the business is designed, launched and run by a single person, and we call this person entrepreneur or sole proprietor . There are various functions that a entrepreneur performs like making important decisions like what would be the business production policy, how much of the risk to take, what would be the division of income, coming up the new innovations like new new techniques for producing goods, finding new markets.