Answer: The higher the principal, the higher the total cost of the loan
Explanation:
From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.
This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).
When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.
<span>The answer to this question is letter C.
According to Maslow, employees motivated by a strong need for recognition and continuously seek credit for contributions to the organization, are motivated by Esteem category of needs.
</span>=> physiological needs are describes as the most basic human physical needs, including food, water and oxygen.
=>belongingness category of need is when there is a desire to be accepted by one's peer, have friendships, be part of a group, and be loved.<span>
=></span><span>self-actualization is considered as the highest order of needs.</span>
A bull market is a long period of rising stock prices. Bull market is a part of financial market that is being invested for a long period of time and is expected to gain a higher rise in the price.
