Tuesday

March 31, 2015

March 31, 2015

Posted by **Mary** on Friday, November 15, 2013 at 11:06am.

Thank you,

An online store that has been successfully growing on its initial angel investment and revenues wants to invest $5 million to expand the business. The bank is willing to lend the business this money at a 10 percent interest rate over an eight-year term. Calculate the monthly payment, and explain what the business must be able to do with this money in order for this to be a smart business decision.

**Answer this Question**

**Related Questions**

U.S. and Global Economics - An online store that has been successfully growing ...

U.S. and Global Economics: Involving MATH - PLZZZ.. Help I just don't understand...

Math:Calculating Investment - How would I calculate this problem. plz help I don...

Math 116A - I have been out of school for a very long time and I just enrolled ...

math/science - "calculate the volume of 5g of a substance with a density of 6g/...

Physics-mechanics - A 1.0 kg mass weighs 9.8 N on Earth's surface, and the ...

Chemistry - How do I do this problem? 1. A student did an alkalinity ...

General Chemistry-Acids/Bases - I'm stuck on a couple of similar problems ...

Message to Students re Math - Just thought I would let you young'nes know that ...

math - I am confused need help a computer store sold a total of 300 items last ...