Which is most true of an annual rate of 4% compounded quarterly?
A) It is equivalent to 4.4% paid annually.
B) It is equivalent to 16.99% paid annually.
C) It is equivalent to 1% simple interest paid quarterly
D) It is equivalent to 4.06% paid annually.
Answer: D
You might also like to view...
An example of horizontal analysis is the increase in cost of goods sold by 29% from 2015 to 2016
a. True b. False Indicate whether the statement is true or false
According to the time value of money, which of the following is true?
A) Revenue collected by a company now is worth less than the same amount of revenue collected in the future. B) Revenue collected by a company now is worth more than the same amount of revenue collected in the future. C) Revenue collected by a company now is worth the same amount as revenue collected in the future. D) Small discounts offered for up-front payment will result in less total revenue. E) Small discounts offered for cash payment will result in less total revenue.
According to the stakeholder model of corporate governance, which of the following is not sufficiently affected by corporate actions to deserve consideration in corporate decision- making?
A. Employees B. Customers and suppliers C. Shareholders D. Board members
Measures of general intelligence, such as IQ tests, are not generally regarded as good predictors of job performance across a variety of jobs.
Answer the following statement true (T) or false (F)