Using the ordinary interest method, find the amount of interest on a loan of $5,000 at 
interest, for 284 days.
A. $575.00
B. $394.44
C. $447.40
D. $453.61
Answer: D
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Assume that you are the Chase Manhattan Bank of the United States, and you have 1 million Swiss francs in your vault that you will need to use in 30 days. Moreover, you need 500,000 British pounds for the next 30 days. You arrange to loan your francs to Barclays Bank of London for 30 days in exchange for 500,000 pounds today and reverse the transaction at the end of 30 days. You have just arranged a
a. forward contract. b. futures contract. c. spot contract. d. currency swap.
Which of the following lists some of the steps in the market research process in the correct order?
A) determine information requirement?problem definition?choose unit of analysis?examine data availability?assess value of research B) problem definition?assess value of research?determine information requirement?choose unit of analysis?examine data availability C) examine data availability?problem definition?choose unit of analysis?assess value of research?determine information requirement D) choose unit of analysis?assess value of research?problem definition?determine information requirement?examine data availability E) examine data availability?assess the value of research?problem definition?presentation
A credit memorandum appeared on Central Company's bank statement. How will Central treat this amount on its bank reconciliation?
a. Add it to the bank balance b. Add it to the book balance c. Deduct from the bank balance d. Deduct from the book balance
Kareem has allowed his employees to be cross-trained in other areas and allowed them to do different jobs. He has done which of the following?
A. job rotation B. job enrichment C. horizontal loading D. vertical loading