Answer: a. $53500
b. A. The loan officer should offer the company an add-on interest loan because there is a high risk that the company will not be able to repay the principal on the loan at the end of the project's life.
Explanation:
a. Based on a 360-day year, the monthly payment for each loan for November will be:
Principal = $600,000
Interest rate = 10%
Simple interest = (P×R×T)/100
= (600000 × 10× 1) /100
= $60000
The simple interest per month which will also be thesame for Novemeber will be:
= 60000/12
= $5000
Since add on interest is 7%, then the interest will be:
= 7% × $600,000
= 0.07 × $600,000
= $42000
Therefore, the interest for month of November will be:
=(600000 +42000)/12
= $642000 / 12
= $53500
b. The answer that best evaluates the statement given is option B. It should be noted that since it's a startup company, there may be challenges in repaying the loan. Therefore, the best scenario will be that the loan should be given on add on interest basis.
An SSL Certificate is a third-party certification seal program that verifies that a business protects confidential information with SSL encryption. SSL stands for secure sockets layer and this helps identifiy the third party by keeping sensitive information protected.
<span><span>There
is an advantage if a group of medical doctors will invest to incorporate their
business regardless of the costs involved. In fact, many
individuals choose to incorporate to obtain limited liability. In some cases, they may also receive tax savings by doing so</span>.
(FALSE)</span>
Answer:
cause the cost of capital to increase.
Explanation:
In the case when there is any changed made with regard to regulatory requirements so the cost of transaction that attached with the securities would rise by $1 each share this change will cause an increase in the cost of capital as if there is any transaction that associated with the corporate securities so this would be covered under the cost of capital
hence, the last option is right
Answer:
Moral Motivation
Explanation:
According to my research on Rest's four-component Model of Morality, I can say that based on the information provided within the question this refers to Moral Motivation. Like mentioned in the question this term refers to an individual's desire to make decisions related to their own self-interest based on correct ethical values. Which is what is being described in the question.
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