A bank pays a quoted annual (nominal) interest rate of 8%. However, it pays interest (compounded) daily using a 365-day year. What is the effective annual rate of return?
A) 7.86%
B) 7.54%
C) 8.57%
D) 8.33%
E) 9.21%
D
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________ are integrated systems including hardware, communications network, data base, model base, software base, and the ________ user (decision maker) that collect and interpret information for decision making
A) Marketing information systems (MIS); MIS B) Management information systems (MIS); MIS C) Decision support systems (DSS); DSS D) none of the above
_____ is equal to the net total value of all the items that an individual owns.
A. Wealth B. Propensity to consume C. Consumer price index D. Purchasing power E. Credit debt
Decentralizing control over a company intranet:
A) encourages more timely and relevant content. B) discourages development of sites with company information. C) minimizes problems with data redundancy and security. D) Both A and C
An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the
a. confidence level. b. interval estimate. c. margin of error. d. point estimate.