Answer:
4.65%
Explanation:
Data provided in the question:
Amount borrowed = $18,000
Discount Interest rate = 4% = 0.04
Required compensating balance = 10%
Now,
Effective loan rate on Discount Loan with compensating balance is given as
⇒ [ ( Interest rate ) ÷ (1- interest %-Compensating balance%) ] × 100%
⇒ [ 4% ÷ ( 1 - 4% - 10%) ] × 100%
⇒ [ 0.04 ÷ ( 1 - 0.04 - 0.10 ) ] × 100%
⇒ [ 0.04 ÷ 0.86 ] × 100%
⇒ 4.65%
Answer:
Loss leader strategy
Explanation:
A loss leader is a strategy in which an item or administration that is offered at a value that is not beneficial, yet it is offered to pull in new clients or to offer extra items and administrations to those clients. Loss leading is a typical practice when a business first enters a market. Basically, a loss leader informs new clients with an assistance or item in the desire for building a client base and verifying future repeating income.
Answer:
d. the search process of matching workers with jobs.
Explanation:
Frictional unemployment is also called "Search Unemployement" is base on the individual's circumstances and is independent of the economy. Commonly is the time "between jobs" when the person is searching for a new job or transitioning from one job to another. This is a temporary unemployement and it can be though like a good sign for the economy since it idemonstrates that people are looking a better job that the one they had before.
Answer:
Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.
Explanation:
For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.
10 problems Faced by Entrepreneurs in India While starting their business
Financing.
Lack of Planning.
Hiring the right talent.
Effective marketing within a limited budget.
Self-doubt and uncertainty.
Dealing with criticism.
Attractive Customers.
Making Decisions.
Answer:
The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. The amounts may vary slightly, which may be the case with utilities, but you know they are due on a regular basis.
Hope this helps, have a wonderful day/night, and stay safe!
