The effective annual rate increases with increasing compounding frequency
Indicate whether the statement is true or false
TRUE
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Imprest payroll account What is an imprest payroll account and why is it used by companies?
Which of the following is a comma pitfall?
A. Using commas to separate thousands, hundred thousands, millions, and so on, in numberswith more than four digits B. Using commas to set off introductory words, phrases, and clauses C. Using commas to set off parenthetical elements within sentences D. Using commas to separate a subject from its predicate
Which of the following is a difference between preferred stock and common stock?
A. Unlike common stockholders, preferred stockholdershave a guaranteed legal right to receive a dividend. B. Unlike common stockholders, preferred stockholders are not paid their dividends in full. C. Unlike common stock, preferred stock isnormally issued with a stated dividend. D. Unlike common stock, preferred stock dividends are paid in irregular time intervals.
The movement of money from lender to borrower and back again is known as ________
A) the circle of life B) corporate finance C) the cycle of money D) money laundering