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NEW QUESTION: 1
Company B's bank requires a compensating balance of 20% on a US $100.000 loan. If the stated interest on the loan is 7%, what is the effective cost of the loan?
A. 8.40%
B. 8.75%
C. 5.83%
D. 7.00%
Answer: B
Explanation:
Interest on the loan is US $7,000 7% x $100,000) Given that the borrower has to maintain a 20% compensating balance, only US $80,000 [$100,000 - 20% x 100,000)] is available for use. Thus, the company is paying US $7.000 for the use of US $80.01 ii a in funds at an effective cost of 8.75% US. $7.000 / 80,000).
NEW QUESTION: 2
Answer:
Explanation:
Explanation
NEW QUESTION: 3
DRAG DROP
You manage a large number of on-premises applications. You plan to migrate the applications to Azure.
You need to implement Azure Storage for each type of data that the applications use.
For each type of data, which storage mechanism should you use? To answer, drag the appropriate storage mechanism to the correct type of data. Each storage mechanism may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
Answer:
Explanation:
Explanation:
References:
https://docs.microsoft.com/en-us/azure/storage/storage-introduction
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ECBA Exam Info
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ECBA Exam Topics
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ECBA Offcial Page
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