Martha left an inheritance to her grandson that will pay him $1,500 on the first day of every other year. When computing the PV of this inheritance, the grandson should use:
A) simple interest.
B) a semiannually compounded discount rate.
C) an effective annual rate.
D) a 2-year discount rate.
E) a semiannual discount rate.
D) a 2-year discount rate.
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A recent study showed that ______.
a. improvisational behavior was more evident in entrepreneurs starting new ventures b. improvisational behavior was less evident in entrepreneurs starting new ventures c. there was no connection between improvisational behavior and entrepreneurs d. improvisation only matters in the context of comedy
Why is it important to learn to identify the eight parts of speech?
A) Being able to identify the parts of speech will help you organize paragraphs effectively. B) Identifying the parts of speech will help you punctuate sentences correctly and choose precise words for clearer writing. C) Being able to identify the eight parts of speech will ensure that you get promoted. D) Recognizing the parts of speech will help you impress a potential employer in a job interview.
A generous philanthropist plans to make a one-time endowment to a renowned heart research center which would provide the facility with $250,000 per year into perpetuity. The rate of interest is expected to be 8 percent for all future time periods. How large must the endowment be?
A) $2,314,814 B) $2,000,000 C) $3,125,000 D) $3,000,000
Which of the following is an advantage of the joint application design (JAD) approach?
A) It incorporates varying viewpoints from different functional areas of an organization to help ensure that collected requirements for an application is not too narrow or one-dimensional in focus. B) It provides a method for investigating an environment in which a problem is poorly defined and information is difficult to gather. C) It reduces the need to train information system users and increases the system's chance of success by encouraging users' involvement. D) It improves communication among users, top management, and information systems personnel because seeing a concrete model often prompts potential users of the system to ask questions, express opinions, and so forth.