Mona takes out a loan of $175,000 to buy a house at an effective annual rate of interest of i i%. She repays the loan by making level annual payments of $15,000 at the end of each year for 14 years, using the amortization method. Find the effective annual rate of interest of this loan.

Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship