With LTL, ______.
A. we are talking about less-than-tariff load
B. shippers may combine orders from several shippers
C. shipping is not regulated
D. shipping may not meet ISO requirements
B. shippers may combine orders from several shippers
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If a contract varies so much from community standards of commercial morality that it should not be enforced the court will rule the contract is
A) void as it is unconscionable B) void due to duress C) void due to unfairness D) void due to undue influence E) void due to mistake
In your first year out of college you hope to earn $60,000 per year. How many years will you have to work until you earn $120,000 if your income increases at a rate of 10% per year? Use the Rule of 72 to determine your answer
A) You would need to work for just over 5 years to reach an income level of $100,000 per year. B) You would need to work for just over 6 years to reach an income level of $100,000 per year. C) You would need to work for just over 7 years to reach an income level of $100,000 per year. D) You would need to work for just over 8 years to reach an income level of $100,000 per year.
Your lawyer presents you with a three year investment. You must invest $1,000 immediately, but you are promised after-tax cash flows of $600 after one year and another $600 after two years
What is the IRR of the investment? (Round answer to nearest percent). A) 10% B) 11% C) 12% D) 13% E) 14%
Making extra payments on a loan does all of the following except
A) reduces the total amount of interest paid. B) gives you extra income for living expenses. C) reduces the maturity of the loan. D) helps assure your good credit rating.