Your bank has agreed to grant you a discount loan with an APR of 6.25%. If you need $10,000 today, the loan is to be repaid in full in one year, and the total interest to be paid is $667, what is the EAR of the loan?
A) 6.25%
B) 6.45%
C) 6.69%
D) 6.67%
Answer: D
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A) spiral development B) reactive development C) market testing D) proactive development E) concept testing
The post-closing trial balance differs from the adjusted trial balance in that it does not
a. include balance sheet accounts. b. include income statement accounts. c. take into account adjusting entries. d. take into account closing entries.
For a merchandising company, what is the final step in the master budget process?
What will be an ideal response?
While the sender of a message is responsible for effective encoding and the receiver for effective decoding, both have responsibility for addressing interferences
Indicate whether the statement is true or false