Business, 20.04.2020 21:43 claytonp7695

Savvy Styles, your salon business, is starting to turn a solid profit. Since you have been operating out of a shared space, you decide it is time to move to a larger salon space of your own and purchase some new chairs and equipment. You get a small business loan from your local bank. Now you should plan to:

a. Repay the loan, including interest, over a predetermined amount of time
b. Write the bank a thank you note and put a positive review on Yelp
c. Pay the total interest upfront
d. Pay the minimum payment on the loan to the bank each month

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Savvy Styles, your salon business, is starting to turn a solid profit. Since you have been operating...

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