Mort approached the chief lending officer at first virginia bank about obtaining a $75,000 loan.
the banker said she would approve the loan provided that the funeral home's
building was
pledged as collateral. the banker was offering a(n):
a. trade credit agreement.
b. institutional loan.
c. secured loan.
d. revolving credit agreement

answer; the coefficient of determination;

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answerblank(1) negatively.blank(2); rises; blank(3) falls;

answer///supply is elastic, and demand is inelastic;