1. When checking transcribed meeting notes, what should meeting convenors focus on? 80 words.
2. Why is it necessary for minutes of meetings to be stored either electronically or in hard-copy? (30–60 words)
3. You have just taken out a $24,000 car loan with a 7% APR, compounded monthly. The loan is for five years. When you make your first payment in one? month, how much of the payment will go toward the principal of the loan and how much will go toward? interest?