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Use the Following to Answer Questions

question 17

Multiple Choice

Use the following to answer questions
Firefly is a new coach service operating in New South Wales and Victoria.It offers travellers a cheap alternative to driving and flying between large cities.The company keeps the fares extremely low yet offers the latest technology.Unlike traditional Greyhound coaches, Firefly is an express service and is equipped with wi-fi, video screens, headsets and seatbelts.Many coaches also run on biodiesel fuel.Additionally, Firefly picks up and drops off people in the centres of cities rather than at inconveniently located terminals.Patrons can book tickets online, and some fares begin at just $1.Routes are limited and are offered out of cities such as Sydney, Melbourne, Gosford and Newcastle.Recently, its competitor, Greyhound, has launched a new service, 'Point-to-Point', with similar fares and high-tech amenities.A fare on 'Point-to-Point' from Sydney to Melbourne is $50 each way, while the same fare through Greyhound costs $92.00.However, Greyhound offers more departure times and more stops in smaller towns along the way.
-If a regular customer continues to use Greyhound, this would be an example of:

Distinguish between various types of proposals and their appropriate contexts.

Demonstrate the capability of an organization to complete proposed work through appropriate documentation.

Recognize the essential components of a project proposal's program section.

Identify common project deliverables.

Definitions:

Amortized

The process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.

Outstanding Principal

The portion of a loan amount that has not yet been repaid to the lender.

Principal Repayment

The process of paying back the original amount of money borrowed, excluding interest, in a loan or bond.

Fixed-Rate Mortgage

A mortgage loan that has a fixed interest rate for the entire term of the loan, protecting borrowers from rising interest rates.