A broadband service company borrowed $2 million for new equipment and repaid the loan in amounts of $219,000 in years 1 and 2 plus a lump sum amount of $2.3 million at the end of year 3. What was the interest rate on the loan

12.15%

Explanation:

The interest rate on the loan is the rate that solves the equation

Where P = loan amount

A = the annual repayment for each year

r = the interest rate

Using interpolation or a financial calculator, the rate that solves the equation is 12.148504% = 12.15%.

the clients (funders) and customers (individual nonprofit staff) are great to work with. that i can be open about being a person of faith when appropriate. the variety of my tasks each day.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.