A borrower takes out a 30-year, fully amortizing mortgage loan for $100,000 with an interest rate of 6% plus 4 discount points. What is the effective annual interest rate on the loan approximately if the loan is carried for all 30 years?

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

Match each business function with its description. operations marketing finance strategy deals with the challenges that a company faces in the ever-changing business environment arrowright deals with debt, stock, and owner’s funds arrowright readies products and services for production and delivers them to the market arrowright deals with finding, targeting, attracting, and connecting with the right customers