Thanks to the Internet,the Likelihood of a New Business Getting

question 11

True/False

Thanks to the Internet,the likelihood of a new business getting formal investment is pretty good.

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Definitions:

Interest

The cost of borrowing money, typically expressed as an annual percentage of the loan amount.

Months

Refers to each of the twelve distinct periods into which a year is divided, commonly used to measure periods of time in calendars.

Principal

The original amount of money invested or lent, before interest or earnings are added.

Earn Interest

The process by which money deposited in a savings account or investment grows over time due to the payment of interest.