Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
The correct answer is letter "A": innovative.
Explanation:
Innovative changes allow companies to use new strategies and technologies to improve the efficiency of their operations. Sometimes those changes are processes or technological devices created by the company itself while in other cases they are adopted from other entities with similar approaches and accomplish almost the same goal.
Answer:
$842.74
Explanation:
Data provided in the question:
Loan amount = $927.86
Interest for the first month = $871.86
Now,
Daily interest rate for 30 days = 
or
= 
= $29.06
Now,
Doug owns the closing day,
Therefore,
Maria will pre-pay interest for 29 days i.e June 2 - 30,
= Daily interest × Number of days
= $29.06 × 29
= $842.74