Kim Maugeri deposited $8,000 in a savings account paying 5.25% ordinary interest. How long will it take for her investment to grow to $10,100?


5 years

Business

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The first tariff in the United States (1789) was intended mainly

a. to raise revenue for the U.S. government. b. to protect American farmers from foreign competition. c. to protect American manufacturers from foreign competition. d. to offset unfair trading practices of European nations.

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A simple organizational structure is also known as a ________ structure.

A. matrix B. multidivisional C. functional D. line-and-staff E. three-dimensional

Business

Unconscionable contracts are sometimes found where there is a consumer contract that takes advantage of uneducated, poor, or elderly people who have been persuaded to enter into unfair contracts.

Answer the following statement true (T) or false (F)

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A company markets educational software products and is ready to place three new products on the market. Past experience has shown that for this particular software, the chance of "success" is 80%

Assume that the probability of success is independent for each product. What is the probability that exactly 1 of the 3 products is successful? A) 0.80 B) 0.032 C) 0.24 D) 0.096

Business