The Total Payment to a Lender for a Simple Loan

question 46

Multiple Choice

The total payment to a lender for a simple loan is

• A)P.
• B)P + i.
• C)i(1 + i).
• D)P(1 + i).

Comprehend the nature and stages of business growth.

Identify the roles and duties of managers in a growing business.

Understand the transition of small businesses to professional management including delegation.

Recognize the need for and attributes of planning and managing growth in a professionally managed small business.