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Zielflug [23.3K]
3 years ago
13

Define the concept entrepreneur​

Business
2 answers:
Katena32 [7]3 years ago
8 0
An entrepreneur is a person who manages and organizes a business. They also assume the risk of the business or enterprise.
vlada-n [284]3 years ago
7 0

Answer:

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.

Explanation:

This should help you.

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Because people who are earning a low income still have to pay the same amount as people who are recieving a high income
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pishuonlain [190]
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Hope this helped fully! If you need any further clarification or defining, let me know.

5 0
3 years ago
Summit Record Company is negotiating with two banks for a $150,000 loan. Fidelity Bank requires a compensating balance of 26 per
BaLLatris [955]

Answer and Explanation:

The computation of the effective interest rate is shown below:

For Fidelity bank

= (2 × 4 × $150,000 × 0.12) ÷ (4 +1 )× ($150,000 - $18,000 - ($150,000 × 26%)

= 30.97%

For southwest bank

= (2 × 12 × $150,000 × 0.12) ÷ (12+1 )× ($150,000 - ($150,000 × 13%)

= 25.46%

8 0
3 years ago
An investment project provides cash inflows of $615 per year for eight years. a. What is the project payback period if the initi
aksik [14]

Answer:

It will take 3 years and 66 days to pay for the initial investment.

Explanation:

Giving the following information:

Cash flows= $615 for 8 years

Initial investment= $1,750

<u>The payback period is the time required to cover for the initial investment.</u>

<u></u>

Year 1= 615 - 1,750= -1,135

Year 2= 615 - 1,135= -520

Year 3= 615 - 520= 95

Exactly:

(95/520)= 0.18*365= 66

It will take 3 years and 66 days to pay for the initial investment.

8 0
3 years ago
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