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Other Fields Homework Help Economics Topic started by: valputin on Nov 27, 2015



Title: You can borrow $5000 to finance a new business venture. This new venture will generate annual earnin
Post by: valputin on Nov 27, 2015
You can borrow $5000 to finance a new business venture. This new venture will generate annual earnings of $251. The maximum interest rate that you would pay on the borrowed funds and still increase your income is
A) 25%.
B) 12.5%.
C) 10%.
D) 5%.


Title: Re: You can borrow $5000 to finance a new business venture. This new venture will generate annual ea
Post by: Meela on Dec 4, 2015
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Title: Re: You can borrow $5000 to finance a new business venture. This new venture will generate annual earnin
Post by: valputin on Dec 14, 2015
Correct


Title: Re: You can borrow $5000 to finance a new business venture. This new venture will generate annual earnin
Post by: Meela on Dec 14, 2015
You're very welcome, valputin