Suppose a Number of Your Friends Have Organized a Company

question 22

Multiple Choice

Suppose a number of your friends have organized a company to develop and sell a new software product.They have asked you to loan them $8,000 to help get the company started,and have promised to repay your $8,000 plus 10% interest in one year.Of the following,which amount may be described as the return on your investment?

• A)$8,000
• B)$800
• C)$8,800
• D)$7,200

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Definitions:

Synopsis

A brief overview (one page or less) of a report’s most important points, designed to give readers a quick preview of the contents.

Executive Summary

A brief but complete version of the report; may contain headings, well-developed transitions, and even visual elements.

Differ

To be unlike or distinct in nature, form, or characteristics.

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The act of recording information, processes, or evidence in a structured and retrievable manner.