Answer:
The First Bank loan has an effective rate of 7.98 percent.
Explanation:
we calcualte the effective rate for both loand and check which statement is correct.
<u>First bank:</u>
1.07977643 - 1 = 0.07977 = 7.98%
<u>Second bank:</u>
1.076798729 - 1 = 0.076798729 = 7.68%
Notice tthis isthe effective rate not the annual percentage rate.
So only the statement abour the first bank effectibe rate is true.
First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom. I would save money by keeping it secure in a special place like a wallet.
A) a motive is a reason you do something. In business it'd be, for example, profit motive. Your motive is the amount in the profit
I would say false because 'personal' is in the name. Your work doesn't really need to know the exact details (might depend on the business tho).
<span>This invisible barrier is called the glass ceiling. There are multiple factors that enable such a thing, including (but not limited to) prejudices against women in the work place, lack of recruitment of women to certain types of jobs that are historically performed by men (i.e. science, engineering, etc), and lack of mentoring on the job.</span>
