5) acme supply co. has a new project that will require the company to borrow $3,000,000. acme has made an agreement with three lenders for the needed financing. first national bank will give $1,500,000 and wants 10% interest on the loan. lockup bank will give $1,000,000 and wants 12% interest on the loan. southern national bank will give $500,000 and wants 13% interest on the loan. what is the weighted average cost of capital for this $3,000,000?

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.