What is the implied assumption about interest rates when using the built-in functions of a financial calculator to calculate the present value (PV) of an annuity?
What will be an ideal response?
financial calculator to calculate the present value (PV) of an annuity?
Answer: The built-in functions for present value of ordinary annuity in a financial calculator assume that interest rates are the same for every maturity on the yield curve.
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Which verbal support attempts to show similarities between objects, ideas, and concepts?
A) comparisons B) stories C) examples D) explanations
Answer the following statements true (T) or false (F)
1. In the contingency leadership model, the most important component of situational control is position power. 2. Adaptive, flexible organizational cultures are less likely to foster transformational leadership than bureaucratic ones. 3. Female leaders tend to use transformational leadership more than male leaders do. 4. Steve Jobs is an example of a transformational leader; he had a vision of developing an "insanely great" desktop computer.
The following information is available for Ashley Company for the month ending June 30, 2019.
* Balance as per the bank statement is $11,240. * Balance as per books is $10,200. * Check #506 for $1,200 and check #510 for $900 were not shown on the June 30 bank statement. * A deposit in transit of $3,110 had not been received by the bank when the bank statement was generated. * A bank debit memo indicated an NSF check for $85 written by Maddie Wolfe to Ashley Company on June 13. * A bank credit memo indicated a note collected by the bank of $2,100 and interest revenue of $55 on June 20. * The bank statement indicated service charges of $20.
A persuasive appeal that uses _____ may be supported by including a small or free gift
A) consistency B) social proof C) liking D) reciprocity E) scarcity