Answer the following statements true (T) or false (F)
1. An ordinary annuity is an annuity in which cash flows occur at the beginning of each period.
2. The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity for interest rates greater than zero.
3. The nominal (stated) annual rate is the rate of interest actually paid or earned.
4. The nominal and effective rates are equivalent for annual compounding.
5. The effective annual rate increases with increasing compounding frequency.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. TRUE
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Which of the following is a correct statement regarding the pretrial conference?
A. The plaintiff and the defendant are present at the pretrial conference. B. The parties' witnesses are present at the pretrial conference. C. It is held in the courtroom. D. The judge tries to get the parties' attorneys to stipulate to as many of the material facts as possible.
Choose the correct verb in parentheses. Will you (teach, learn) me to play that song?
Marketing channel management and supply chain management are virtually the same.
Answer the following statement true (T) or false (F)
Managers in global organizations recognize that some motivators are universal; that is, they work no matter what the culture. Other motivators differ by culture. Which of the following is not a universal motivator?
A. interesting work B. growth C. pay D. achievement E. participation