Last Year, a Women's Professional Organization Made Two Small Business

question 59

Multiple Choice

Last year, a women's professional organization made two small business loans totaling $31,000 to young women beginning their own businesses. The money was lent at 7% and 10% simple interest rates. If the annual income the organization received from these loans was $2,920, what was each loan amount?

• A) 8500 at 7% 22500 at 10 %
• B) 5500 at 7 % 25500 at 10 %
• C) 4000 at 7 % 27000 at 10 %
• D) 7500 at 7 % 23500 at 10 %
• E) 6000 at 7 % 25000 at 10 %

Grasp the differences between debentures, indentures, and their significance.

Learn the basics of corporate stock regulation and the role of federal and state governments in it.

Differentiate between the financial risks borne by bondholders versus shareholders.

Understand the provisions related to stock issuance, treasury stock, and stockholder rights.

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Definitions:

Renal Vein

A blood vessel that carries filtered blood away from the kidney and back toward the heart.

Ulnar Vein

A vein located in the forearm that drains blood from the hand and forearm back towards the heart, part of the superficial venous system of the arm.

Aortic Arch

The aortic arch is the curved portion of the aorta, the major artery in the body, which branches out to supply blood to the head, neck, and arms.

Subclavian Artery

A major artery that supplies blood to the thorax, neck, and arms, located below the clavicle.