You Just Borrowed $12,750 from the Bank to Use in Your

question 315

Multiple Choice

You just borrowed $12,750 from the bank to use in your business. The loan terms require you to pay the interest annually with the entire principle due in six years. The interest rate is 8.95%. How much will you pay to the bank in year five of the loan?

• A) $1,106.67
• B) $1,141.13
• C) $1,203.17
• D) $1,244.98
• E) $1,424.58

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Definitions:

Oral Presentation

A spoken report or lecture, often supported by visual aids, delivered to an audience for educational, informative, or persuasive purposes.

Nervousness

The state of feeling anxious or uneasy about something with an uncertain outcome.

Oral Presentations Types

Varieties of spoken reports or speeches aimed at sharing information or ideas to an audience.

Effective Presentation

An effective presentation successfully communicates ideas to an audience in a clear, engaging, and memorable way.