If Mega Corp

question 361

Multiple Choice

If Mega Corp.borrows $8 000 and agrees to pay the lender $9 000 in 1 year,the annual interest rate on the loan is approximately _____%.

• A) 9.0
• B) 10.5
• C) 12.5
• D) 11.8

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Definitions:

Democratic Globalization

The spread of democracy around the world and the integration of democratic norms and values into international relations and institutions.

Decreases Political Stability

A reduction in the ability of a governmental system to provide consistent governance and policy, often leading to uncertainty, unrest, or conflict.

Basic Needs

Fundamental requirements necessary for individuals to live a healthy and satisfactory life, such as food, water, shelter, education, and healthcare.

Investment Climate

The economic, financial, and socio-political environment influencing the willingness and ability of individuals and firms to invest in a particular country or region.