Abusiness owner has two loans from the local bank. one of the loans is a three-year loan with a principal of $75,000 and an annual interest rate of 5%. the other is a one-year loan with a principal of $21,000 and an annual interest rate of 4.5%. what is the simple interest total for both loans for the first year?

The director of the federal trade commission (ftc) bureau of consumer protection warned that the agency would bring enforcement action against small businesses that select one: a. failed to inform the public about network failures in a timely manner b. failed to transmit sensitive data c. did not report security breaches to law enforcement d. lacked adequate policies and procedures to protect consumer data.