Table 92 -Refer to Table 9

question 85

Multiple Choice

Table 9.2
$$\begin{array} { | l c | } \hline \text { Cost of machine } & \$ 300,000 \\\hline \text { Arnual autput from mechine } & \$ 35,000 \\\hline \text { Arnual interett rate on loans } & 9 \% \\\hline\end{array}$$
-Refer to Table 9.2. If a firm purchases the machine by taking out a one-year loan, how much interest will the firm have to pay?

• A) $301,500
• B) $30,150
• C) $270,000
• D) $27,000
• E) $9,000

---

Definitions:

New Jobs

Positions of employment that are created as a result of economic growth, innovation, or changes in the marketplace.

Executive Summary

A concise overview of a document, proposal, or report, highlighting its key points, objectives, and conclusions to inform and engage readers quickly.

Business Plan

is a formal written document that outlines a company's objectives, strategies, market analysis, financial forecasts, and operational requirements, serving as a roadmap for business success.

Financial

Refers to matters related to money, investments, lending, budgeting, saving, and forecasting.