A bank offers an account with an APR of 5.8% and an EAR of 5.88%. How does the bank compound interest for this account?
A) weekly compounding
B) monthly compounding
C) semiannual compounding
D) annual compounding
Answer: C
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Which of the following is the best communication channel for presenting your company's newest product?
A) Flyer. B) Brochure. C) Sales call. D) Videoconference. E) It depends on the product.
In a random sample of 144 observations, = .7. The 95% confidence interval for p is
A. .63 to .77. B. .44 to .96. C. .65 to .75. D. .64 to .76.
An acknowledgment by a bank that it has received money from a customer with a promise by the bank that it will repay the money received at a specified date is a note
a. True b. False Indicate whether the statement is true or false
A team that communicates electronically more than face to face is called a ________ team.
A) work B) project and development C) parallel D) management E) virtual