You can borrow $5,000 to finance a new business venture. This new venture will generate annual earnings of $251. The maximum interest rate that you would pay on the borrowed funds and still increase your income is
A)25%.
B)12.5%.
C)10%.
D)5%.

Question

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The Answer of You can borrow $5,000 to finance a new business venture. This new venture will generate annual earnings of $251. The maximum interest rate that you would pay on the borrowed funds and still increase your income is
A)25%.
B)12.5%.
C)10%.
D)5%.

You Can Borrow $5,000 to Finance a New Business Venture