Answer:
III and IV
Explanation:
You don't have to be interested in something to be good at it. A job you like and accommodates your interests is not a guaranty.
Answer: 15.68%
Explanation:
Mr. Warner's cost of not taking the cash discount will be calculated as:
= (3%/100% - 3%) × (360/85 - 14)
= (3%/97%) × (360/71)
= 0.0309278 × 5.0704225
= 0.156817
= 15.68%
Mr. Warner's cost of not taking the cash discount is 15.68%
D. Lenders are worried that the borrower won't pay them back, and they assess how likely that is to happen by looking at the borrower's income, other assets, credit history, etc.
