LeGo Financials offer two investment plans. Investment A pays 9 percent interest compounded monthly, whereas Investment B pays 10 percent interest compounded semiannually. What are the effective annual rates of the two investments??
A. ?9.38%; 10.50%
B. ?9.38%; 10.25%
C. ?9.75%; 10.25%
D. ?9.75%; 10.50%
E. ?9.94%; 10.45%
Answer: B
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A) inflated data. B) using convenience samples. C) market estimation by analogy. D) comparability of data. E) using multiple dimensional scaling.
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What will be an ideal response?
For the year ended December 31, Year 1, Fields Company made cash payments of $52,500 for dividends, paid interest of $21,300, paid $30,500 cash to suppliers, and purchased equipment for $68,500 cash. What is the net cash used by investing activities for Year 1?
A. $111,800 B. $68,500 C. $172,800 D. $73,800
NAFTA is a trading agreement that promotes free trade. Which of these countries is a member?
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