Assuming the interest rate on the note is 5% per year, the amount of the loan is $2,000.
<h3>Loan amount</h3>
Using this formula
Loan amount=Annual interest/Interest rate on the note
Where:
Annual interest=$100
Interest rate on the note=5% or 0.05
Let plug in the formula
Loan amount=$100/0.05
Loan amount=$2,000
Inconclusion assuming the interest rate on the note is 5% per year, the amount of the loan is $2,000.
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Answer: Its a b and c just took it on edunuity
Explanation:
Answer:
The correct answer is letter "A": National-security argument.
Explanation:
The National-security argument is a point of view that promotes the imposition of quotas and tariffs on imports related to national security in an attempt to boost domestic production on the same items. This situation will cause that in front of war the country will produce its own supplies to meet effectively its demand instead of relying on other countries to provide them with those goods. Most protectionist countries tend to support this idea.