subject
Social Studies, 26.10.2019 05:43 henrylauren2006

The owners of a successful restaurant want a loan for $50,000 to renovate the kitchen and expand the dining room. they expect that the extra tables will add between $2,000 and $5,000 to the restaurant’s monthly revenue. the bank is willing to let the business have an intermediate-term loan of $50,000 for five years at an interest rate of 6.5 percent. calculate the monthly payment and explain whether taking this loan is a smart business decision.

ansver
Answers: 1

Another question on Social Studies

question
Social Studies, 22.06.2019 11:40
The process of getting information out of memory is called
Answers: 2
question
Social Studies, 22.06.2019 22:30
Occurs with the fully informed request of a competant adult patient or their surrogate. culture of life: select the best answer from the choices provided. a. voluntary euthanasia b. nonvoluntary euthanasia c. involuntary euthanasia d. passive euthanasia
Answers: 1
question
Social Studies, 23.06.2019 06:30
Which of the following statements best describes the concept behind labor unions?
Answers: 3
question
Social Studies, 23.06.2019 14:30
What economic system has the greatest opportunity for change
Answers: 1
You know the right answer?
The owners of a successful restaurant want a loan for $50,000 to renovate the kitchen and expand the...
Questions
question
Social Studies, 05.12.2021 18:20
question
Mathematics, 05.12.2021 18:20
Questions on the website: 13722361