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Determine the terms of jakis loan. Terms of the loan include interest rate Ongoing Monthly Costs $3,870 Offce/meeting space (Free Range) with shared rooms and
Determine the terms of jakis loan. Terms of the loan include interest rate
Ongoing Monthly Costs $3,870 Offce/meeting space (Free Range) with shared rooms and small personal office, $460 . 6 Otilities (might be included in office space rent payment) PO Box fee Operating supplies; Virtual Receptiofist Webmaster/Sociahnediamonitor/Ongoing advertising accounting andiegal assistance Website, Subscriptions Liability insurance Nehicle Maintenance "Employef' portion of health Insurance, social yecurity, etc; Wh'atever,else she.forgOOvv\XJjSi s 450 100 -30 200 100 400 240 200 400 50 1000 300 Total amount Jaki will need to borrow to start up and stay in business !hree years (projected time it will take her to begin to makt@profit): 36 x 3870 +. $144,99 Jaki looks at this and says, "That is a lot of money to borrow." 'l. Determine the terms of Jaki's loan. Terms of the loan include: a. Interestrate 2. Repayment term (how long she can carry the loan) 3. And any up-front fees
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