If an Individual Borrows $100 and Pays Back $100 After

question 92

Multiple Choice

If an individual borrows $100 and pays back $100 after a year to settle his loan,it implies that the rate of interest is ________.

• A) 0 percent
• B) 1 percent
• C) 10 percent
• D) 100 percent

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Definitions:

N-form Organization

A network form of organization is a business structure characterized by dynamic, flexible relationships among various independent entities or units to share skills, costs, and access to one another's markets.

Budgeting Process

Involves estimating revenues and expenditures for a specific period to manage financial resources effectively.

Delaying Sales

The strategy of postponing selling activities or transactions to a future date to potentially achieve more favorable terms or prices.

Accelerating Expenses

Expenses that increase at a faster rate than usual, often leading to financial pressure on a business or project.