Which of the following types of life insurance provides no savings element?
A) Term
B) Whole
C) Universal
D) None of the above
A
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An investment promises a rate of return of 8% per year, compounded quarterly. Which of the following formulas will correctly calculate the future value if you invest $10,000 for 20 years?
a) =FV(B2/B4,B3*B4,0,-B1)
b) =FV(B3/B4,B2/B4,0,-B1)
c) =FV(B3*B4,B2*B4,0,-B1)
d) =FV(B3/B4,B2*B4,0,-B1)
When the average-cost method is applied to a perpetual inventory system, the sale of goods will not change the unit cost of the goods that remain in inventory
Indicate whether the statement is true or false
The U.S. Department of Commerce form used to control export shipments and record export statistics is the
A. shipper's export declaration. B. export license. C. bill-of-lading. D. carrier's manifest.
Every month, a distribution center will deliver 14,000 units to Retailer A at coordinates (20, 10 ), 12,000 units to Retailer B at coordinates (30, -15 ), and 20,000 units to Retailer C at coordinates (4, 4 )
Assuming no constraints on location, at what coordinates should the distribution center be located (rounded to two decimal places)?