Use the following chart to explain how the loan repayment period affects the total cost of the loan. Loan Repayment Period
Loan 1
Loan 2
Principal
$5,000
$5,000
Interest Rate
6.47 percent
6.47 percent
Monthly Payment
$98
$57
Loan Repayment Period
5 years
10 years
Total cost of the loan
$5,866
$6,804

Emil motycka is considered an entrepreneur because

Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes