Jacobs Company borrowed $10,000 on a one-year, 8 percent note payable from the local bank on April 1. Interest was paid quarterly, and the note was repaid one year from the time the money was borrowed. Calculate the amount of cash payments Jacobs was required to make in each of the two calendar years that were affected by the note payable.

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Source of investments

A start-up business requires high investment along with its objectives, vision, mission, and business plan for the growth of the business. Investment is highly required for funding assets, working capital, and other operations of the business. An investment fund can be raised from various sources. Investment sources assist businesses to achieve their financial goals and support businesses to sustain and grow. Investors are willing to invest in businesses if adequate returns are entitled from the investments. Portfolio methods and risk evaluating measurements are utilized by investors to identify the best investment option.