Your bank offers to lend you $100,000 at an 8.5% annual interest rate to start your new business. The terms require you to amortize the loan with 10 equal end-of-year payments. How much interest would you be paying in Year 2?
A. $7,531
B. $7,927
C. $8,323
D. $8,740
E. $9,177
Answer: B
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Answer the following statements true (T) or false (F)
An advantage of proportionate consolidation is that the minority interest category does not arise.
An awareness of the knowledge, skills, and abilities of individual team members refers to the group’s:
a. Transactive memory b. Mental model c. Group process d. Cohesion
. In what way did IDEO study the needs of the nurses and patients at Kaiser?
a. They shadowed nurses, sought feedback, and made observations. b. They interviewed the key stakeholders. c. They reviewed all nurse and patient complaints. d. They interviewed patients, nurses, and families of patients.
Which of the following statements is true with regard to Edward Deming?
a. He taught statistical quality control methods to the Germans during World War II. b. He taught statistical quality control methods to the Japanese after World War II. c. He taught statistical quality control methods to the Russians before World War II. d. He taught statistical quality control methods to the Japanese before World War I.