Answer:d. was able to fund his project through seed money.
Explanation:Seed money is the money given to someone so that they can start their business venture , it is called a seed money because it is like planting a seed knowing that you will enjoy the fruits of its growth. People who give an entrepreneur this money help him or her get a start up capital whilst they also have hope that they would be part of his or her success and likely get the return as their investment in the future.
Wyatt's effective interest rate would be greater than his nominal interest rate by 0. 71 percentage points.
The nominal interest rate is 13. 62% or 0.1362 that would be given an effective rate of interest as follows:
Here, the value of the effective rate of interest, that is 0.1433 that would be multiplied with 100 to get the percentage value of 14.33%
Hence, the difference between effective and nominal interest rates would be:
Learn more about the effective and nominal rates of interest here:
Answer:
C
Explanation:
b. You parents give you a car for your 16th birthday.
c. Your grandmother gives you $13,000 toward college.
d. Your cousin gets a job paying $32,000 a year.
Answer: Insurance premium
Explanation: