Answer:
Amount borrow P = $15,026.296
Explanation:
Given:
Amount pay A = $20,000
Number of year n = 3
Rate r = 10% = 0.10
Find:
Amount borrow P
Computation:
A = P[1+r]ⁿ
20,000 = P[1+r]³
20,000 = P[1+0.10]³
20,000 = P[1.10]³
20,000 = P[1.331]
Amount borrow P = $15,026.296
To provide a place for people to trade goods and services
Answer: Supplier selection process
Explanation:
Supplier selection process is the scenario where an individual or a company wants to purchase an item and they contact various vendors who do such business, and asking them for prices, details; generally the requirements for the items they want, they now choose out of the various vendors options, that which matches what they want.
Timothy is in the supplier selection process, where he's evaluating every detail from the vendors based on his request, with an option to request from any of them that matches his request.
Answer:
True
Explanation:
A single use plan is basically a one time business transaction that is supposed to take place only once and should not be repeated in the future. In this case, the production plant has been used for more than 100 years, but once it is sold, its history and the company should no longer have any type of relationship with it.