Women now own 30.4 percent of all privately-held businesses in the United States

Indicate whether the statement is true or false

TRUE

Business

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On August 14, First Avenue Bank lent $240,000 to City Cafe on a 75 day, 6% note. What is the maturity value of the note? (Use a 360-day year and round answers to the nearest dollar.)

A) $242,959 B) $243,000 C) $240,000 D) $254,400

Business

The only sensible argument for using credit is that you lack sufficient resources to purchase with cash

Indicate whether the statement is true or false.

Business