An entity class represents an entity on an entity-relationship diagram

Samana Corporation expects to receive $1,500 along with costs of $1,000 on each non-delinquent sale on credit. The probability of collection is 60%. Determine whether credit should be extended.

A) Do not extend credit - net detriment of $100 B) Extend credit - net benefit of $0 C) Extend credit - net benefit of $100 D) Do not extend credit - net detriment of $200

Consider a $30,000 car loan over six years at 7% APR. Assume an option where the car loan offers 0% financing for the first two years of the loan or 7% financing over six years. What are the payment choices to ensure that no interest on the loan is paid?

What will be an ideal response?