<u>Calculation of period of the loan:</u>
It is given that The loan amount is $6,071 and the annual interest rate is 8%, that means the interest for one year shall be $6,071*8% = $485.68.
Now we are given that the total interest paid is $1,700. The time period of the loan can be calculated by dividing the total interest by the annual interest amount. Hence the period of the loan shall be = 1700 / 485.68 = 3.5 Years.
Hence he had the loan for <u>3.5 years</u>.
Answer:
The answer to this question is B. Peak
Explanation:
The peak stage of a business cycle is the stage where the economy is producing at is maximum rate and the rate of employment is higher. At the peak cycle, employment is at or above full employment, and inflationary pressures on prices are evident. A peak is the highest point of the business cycle, when the economy is producing at maximum allowable output,
You can make posters and signs that can show ppl you sell them or get a food truck !
Answer:
the answer is yes or true
Explanation:
you can understand it by Pricing strategy is the overarching approach used to set pricing for a company's products and services. It doesn't define actual price points, but the pricing structure is a consequence of the strategy, and it's where you set the price customers see
Answer:
is this a book if so send me a link
Explanation:
