Owen Expects to Receive $20,000 at the End of Next

question 11

Multiple Choice

Owen expects to receive $20,000 at the end of next year from a trust fund.If a bank loans money at an interest rate of 7.5%,how much money can he borrow from the bank on the basis of this information?

• A)$11,428
• B)$15,000
• C)$18,605
• D)$21,500
• E)$20,000

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Definitions:

Social Risks

The potential losses or negative consequences that arise from the social environment of a business, such as reputational damage or community opposition.

Work Stress

A form of stress that is caused by pressures or conflicts in a work environment, affecting an individual's mental and physical health.

Constructive Expression

The positive and effective communication of ideas, feelings, and opinions in a way that contributes to growth and understanding.

Organizational Policies

The rules, guidelines, and procedures established by an organization to regulate its operations and behavior of its members.