A(n) ________ rate of return means that interest is earned on the base amount plus any interest previously earned.
A. compound
B. accrued
C. annual
D. fixed
Answer: A
You might also like to view...
Which of the following statements is true about Facebook?
A. It allows registered users to send out short messages called tweets. B. It uses an algorithm to decide what content is placed in the user's newsfeed. C. It is especially effective among younger adults than older adults. D. It is growing faster than all other social media platforms. E. It provides a free online photo and video sharing service geared to mobile phones.
A firm is offered credit terms of 2/10 net 45 by most of its suppliers but frequently does not have the cash available to take the discount. The firm has a credit line available at a local bank at an interest rate of 12 percent
The firm should ________. A) give up the cash discount, financing the purchase with the line of credit B) take the cash discount and pay on the 45th day after the date of sale C) take the cash discount and pay on the first day of the cash discount period D) take the cash discount, financing the purchase with the line of credit, the cheaper source of funds
Proctor & Gamble entered the electric toothbrush market with the Crest SpinBrush at a price considerably lower than lesser-known competitors. It used penetration to gain market share.
Answer the following statement true (T) or false (F)
Cloud-based hosting is the ideal choice for organizations that are required by law to have physical control over their data
Indicate whether the statement is true or false