To form the present tense of most verbs, use the verb in its original form for all persons except the third-person singular. In the third-person singular, add s to the verb

Getting a firm's IT back into operation is ________

A) IT disaster recovery B) business continuity recovery C) response D) None of the above

Georgia Peaches Corporation (GPC) has a line of credit with Trust Company Bank that allows GPC to borrow up to $300,000 at an annual interest rate of 5.5%

However, GPC must keep a compensating balance of 20% of any amount borrowed on deposit at the Trust Company Bank. GPC does not normally have a cash balance account with the Trust Company. What is the effective annual cost of credit? A) 6.875% B) 6.975% C) 7.075% D) 7.775%