Suppose you borrowed $15,000 at a rate of 8.5% and must repay it in 5 equal installments at the end of each of the next 5 years. How much would you still owe at the end of the first year, after you have made the first payment?
A. $10,155.68
B. $10,690.19
C. $11,252.83
D. $11,845.09
E. $12,468.51
Answer: E
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Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2013 was 10,000 units. On average, 25 percent of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150
per unit. What would be the sales budget for March of Fantastic Futons? A) $7,200,000 B) $8,000,000 C) $6,750,000 D) $9,000,000
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Indicate whether the statement is true or false
______ is the process of developing relationships for the purpose of career building and socializing.
a. Reciprocity b. Networking c. Coalition building d. Ingratiation
Employees join unions to gain some influence over their working conditions and wages, which is achieved through the process called collective bargaining.?
Indicate whether the statement is true or false