For a 3-year simple loan of $10,000 at 10 percent, the amount to be repaid is
A) $10,030.
B) $10,300.
C) $13,000.
D) $13,310.
D
Economics
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Refer to Figure 24-3. Suppose the economy is at point C. If government spending decreases in the economy, where will the eventual long-run equilibrium be?
A) A B) B C) C D) D
Economics
The _____ effect indicates that an individual's income can buy more of all goods when the price of one good declines, everything else held constant
a. scale b. endowment c. substitution d. price e. income
Economics