Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. The interest paid in the third year is ________

A) $277.95
B) $405.00
C) $352.00
D) $147.00

D

Business

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Which of the following statements about option contracts is false?

a. An option contract can be assigned to a third party. b. A contract option can last for a maximum of 3 months. c. An option contract is a bilateral contract. d. There are no false statements: a, b and c are true

Business

A company's marketing environment excludes the forces outside the marketing department that affect marketing management's ability to build and maintain successful relationships with target customers

Indicate whether the statement is true or false

Business