The Financial Analysis Section of a Business Plan Should ________

question 98

Multiple Choice

The financial analysis section of a business plan should ________.

• A)be included only if you have an existing company
• B)omit exact dollar figures
• C)explain how much money you already have
• D)omit one-time expenses

Calculate the total interest paid over the life of a loan.

Calculate the outstanding balance of a loan after a certain period of payments.

Understand and calculate the impact of refinancing a mortgage or loan at a lower interest rate.

Calculate the total amount of interest paid during a specific year of a loan’s term.

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Definitions:

Copper

A metal used in electrical wiring and telecommunication cables due to its excellent electrical conductivity.

Fiber-Optic

Technology involving thin strands of glass or plastic that transmit data as pulses of light, allowing for high-speed internet and data communications.

Cable

A medium used for transmitting electrical signals, data, or power, often referring to telecommunications and networking infrastructure.

DSL

Digital Subscriber Line is a collective term for technologies that enable internet connectivity through the digital data transmission over local telephone network cables.