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A company has a $300,000 credit line of which $200,000 was the average amount outstanding for the year. The terms of the loan include a 1/2 of 1% commitment fee on the unused portion, an interest rate of 10%, and a compensating balance requirement of 2% of the total credit line. The company's compensating balances are funded from credit-line borrowings.
If the company negotiates to eliminate the compensating balance requirement and the average borrowings remain at $200,000, the annual interest rate would be:
A. 10.31%.
B. 10.00%.
C. 10.57%.
D. 10.25%.
Answer: D
NEW QUESTION: 2
The largest increase in axial skeleton bone mineral density will occur via the performance of which of the following exercises?
A. Back Barbell Squat
B. Dumbell Lateral Raise
C. Standing Calf Raise
D. Lat Pulldown
Answer: A
NEW QUESTION: 3
A user named User1 left the organization 10 days ago.
You need to purge all the email data of User1.
How should you complete the command? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
References:
https://docs.microsoft.com/en-us/exchange/recipients/disconnected-mailboxes/permanently-delete-mailboxes?view=exchserver-2019
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