Question: a) What is a decision, and why is it very important to everyone? b) Mention and explain five (5) causes of nonperforming loans c) Johnson

a) What is a decision, and why is it very important to everyone?

b) Mention and explain five (5) causes of nonperforming loans

c) Johnson and Abubakar have just got full time jobs. Both of them are planning to save GH500.00 per month from their salaries. Johnson saved his money in his office drawer locked with key. Abubakar saved his money in an investment account earning 15% interest per annum compounded monthly.

(i) How much will Johnson have after five (5) years?

(ii) How much will Abubakar have after five (5) years?

(iii) Who got more savings; and by how much difference?

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