Would It Be Worth It to Incur a Compensating Balance

question 105

Multiple Choice

Would it be worth it to incur a compensating balance of $9,000 in order to get a 0.70 percent lower interest rate on a 1-year, pure discount loan of $250,000?

• A) Yes
• B) No
• C) Not enough information is given to determine

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Definitions:

Factors Affecting Compensation

Factors affecting compensation include the level of skill required, market demand for the role, company performance, and geographical location.

Résumé Components

The essential parts that make up a résumé, such as contact information, work history, education, and skills.

Résumé by E-Mail

The practice of sending a summary of one's professional experience and qualifications to potential employers electronically via email.

Paralegal Specialties

Specific areas of law where paralegals may focus their work, including litigation, real estate, corporate law, and intellectual property, among others.