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enot [183]
3 years ago
11

What does it mean to "diversity" your portfolio? NGPF

Business
1 answer:
mestny [16]3 years ago
3 0

Answer:

It's about to have multiples sources of income. For that, you required to invest in niche business. If one business fail, maybe another be sucesfully.

Explanation:

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Al's obtained a discount loan of $78,500 today that requires a repayment of $98,000, 3 years from today. What is the APR
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Answer:

R = 8.2803%

Rounded: 8%

Explanation:

Solving our equation:

r = (1/3)(98000/78500) - 1) = 0.08280255

r = 0.08280255

Converting r (decimal) to R a percentage

R = 0.08280255 * 100

= 8.2803%

Hope this helped! :D

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Dec 31              Management Services ....................................$1875

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(Being prepaid expenses recognised for the year)


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Manufacturers sometimes offer a quantity discount to buyers on what kind of order?
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