Samantha is launching a catering business targeted at households where both the husband and wife work. she creates a package that includes a letter introducing her business and its benefits, and inserts a brochure with the menu. samantha also provides a reply card that the person can fill in and mail back to her. she sends this package out to one thousand people. what kind of package did samantha prepare? a) business letterb) posterc) direct maild) announcement

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan