Please reflect on the following questions in your journal: • Please share an experience in which you believe having a growth mindset would have made you look at the event differently. Would the outcome have been different? Explain.

• As you go through this course and pursue your degree, what are some ways you can keep developing a growth mindset and reinforce that behavior in other areas of your life?

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