Explain flextime
What will be an ideal response?
The wide variety of work schedules that differ from the traditional 9-5 hours.
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An investment that earns interest on interest is said to be earning a:
A. discounted rate of return. B. fully compounded rate of return. C. consolidated rate of return. D. risk-free rate of return. E. tax-free rate of return.
The interest rate that equates the present value of the cash flow received from a debt instrument with its market price today is the
A) simple interest rate. B) discount rate. C) yield to maturity. D) real interest rate.
Managing health and disability insurance is an important part of _____ planning.
A. asset acquisition B. tax C. retirement D. estate E. employee benefit
Z is a standard normal random variable. What is the value of z if the area to the right of z is 0.1112?
a. 0.3888 b. 1.22 c. 2.22 d. 3.22