Answer:
The annual loan payments are closest to $3,395.36
Explanation:
The annual payment on the amortized loan can be ascertained using the pmt formula in excel :
=pmt(rate,nper,-pv,fv)
rate is the 9% annual return expected by the uncle
nper is the length of repayment which is 4 years
pv is the amount borrowed which is $11,000
fv is the future worth of the loan which is unknown
=pmt(9%,4,-11000,0)=$3,395.36
Answer:
- Someone who combines the factors of production into a business
- -Someone willing to risk loss and failure for profit.
Explanation:
An entrepreneur is a person who starts and sets up their business.
Characteristics of Entrepreneurs
- Entrepreneurs have Self-Motivation and effective communication skills.
- They are natural managers with the capability to motivate, encourage and inspire people in their team.
- They have Money management and handling skills.
- They are prepared to take a risk for profit.
- They take big decisions very carefully.
- They are confident,creative and Open-Minded.
Answer:
a) defines the industries in which the company operates
Explanation:
In the case when the analyst begins to analyze the company so the first thing he see the industry how it operates whether it is understanble or not after that the growth should be potential or not
So here the option a is correct as it describe the industries in which the company would operates
So the same is to be considered for the first time
Answer:
C
Explanation:
When a company utilizes outsourcing it arranges for other organization in the supply chain to perform functions that were previously performed internally.
Answer:
B. A type of shirt that sold for $10 in 2000 costs $15 in 2020
Explanation:
Inflation is a measure of the rate of rising prices of goods and services in an economy.