Unless an exact plan for longer payback was agreed upon, a personal loan should always be considered which type of loan?
a) installment loan

b) default loan

c) credit card loan

d) immediate payback loan

D) Immediate payback

Explanation:

In the question, it says "unless longer payback was agreed upon" which means the answer would have to be opposite... an immediate payback. Hope this helps!

A) installment loan

Explanation:

This is what an installment loan is. Hope this helps!

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empire state building

theres a lot to do in : )

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20