Brown Inc needs to borrow $250,000 for the next 6 months. The company has a line of credit with a
bank that allows the company to borrow funds with an 8% interest rate subject to a 20% of loan
compensating balance.
Currently, Brown Inc has no funds on deposit with the bank and will need
the loan to cover the compensating balance as well as their other financing needs. What is the
annual percentage rate for this financing assuming discounted interest?
A) 14.29% B) 11.67% C) 10.53% D) 12.98%
C
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Donna decides to blow the whistle on corruption in her organization, believing that doing so will benefit the public. Donna is addressing which component of whistle-blowing?
A. accusation B. dissent C. loyalty D. timeliness
Culture is a powerful operating force that conditions the way we think and behave. To be successful in the global economy, it's important to understand the basic characteristics of culture so that we can make adjustments and adopt new attitudes. List and describe three basic characteristics of culture
The Supreme Court has held that, under the Due Process Clause, a driver's license is property which cannot be revoked without procedural due process
Indicate whether the statement is true or false
The time value of money can be used to estimate future savings with periodic deposits of funds
Indicate whether the statement is true or false.