Shylock Bank offers a savings account with an effective interest rate of 9% and quarterly compounding. What is the nominal rate (APR) on the account?
A) 8.71%
B) 8.00%
C) 7.55%
D) 6.00%
E) 7.70%
A
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Under the Uniform Electronic Transactions Act (UETA), ________.
A. barriers to e-commerce are removed by giving effect to electronic records and signatures B. there are specific rules governing when consent has been given electronically C. consent and withdrawal are identical to that of the E-Sign Act D. a PIN number used to access an ATM is not considered as a digital signature
________ research is typically more formal and structured than ________ research
A) Exploratory; conclusive B) Conclusive; exploratory C) Exploratory; descriptive D) Subjective; observational E) Lead; supporting
The DAGMAR approach to setting objectives has
A. focused advertisers' attention on the value of using communications objectives rather than sales objectives. B. never been criticized because it focuses on the hierarchy of effects model. C. a negligible effect on the advertising planning process. D. increased the degree of subjectivity used in the selection of objectives toward which planners' efforts should be directed. E. been successful because it is easy to implement.
What is the Net Present Value rule?
What will be an ideal response?