An increase from 80% to 90% in customer retention would have what effect on the average customer life?
A) an increase of 1 year
B) an increase of 2 years
C) an increase of 5 years
D) an increase of 10 years
E) an increase of 20 years
C
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Using the effective-interest amortization method, the calculation for the amount of premium amortization is the difference between the cash paid and the calculated interest expense
Indicate whether the statement is true or false
Which of the following is not an open source software tool?
A) WebSphere B) Apache C) MySQL D) PHP
A make-to-stock production system is where:
a. items are made for inventory in anticipation of sales orders. b. items are produced to fill specific customer orders. c. items are assembled for a specific customer order from an inventory of components d. both a and c
Your bank pays 8% interest, compounded quarterly. Use Table 12-2 from your text to find how much you should deposit now to yield an annuity payment of $1,300 at the BEGINNING of each three months, for 2 years.
A. $9,713.59 B. $10,823.13 C. $9,523.13 D. $8,413.59