All of the following are conditions for an annuity due except
A) ?periodic cash flows must be equal in amount.
B) ?the time periods between the cash flows are the same length.
C) ?the interest rate is constant for each time period.
D) ?interest is compounded at the end of each time period.
D
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On December 31, Strike Company has decided to trade-in one of its batting cages for another one that has a cost of $500,000. The seller of the batting cage is willing to allow a trade-in amount of $11,000. The initial cost of the old equipment was $215,000 with an accumulated depreciation of $185,000. Depreciation has been taken up to the end of the year. The difference will be paid in cash. What
is the amount of the gain or loss on this transaction? A) Loss of $11,000 B) Gain of $11,000 C) Loss of $19,000 D) No loss or gain will be recorded.
In a sample development by random selection, the range on either side of an estimate that is likely to contain the true value for the whole population is referred to as the
A. frequency coefficient. B. regression coefficient. C. empirical cluster. D. confidence interval. E. prediction interval.
In the context of writing business letters of complaint, Park, Dillon, and Mitchell reported that American writers:
A. shared explanatory details related to a problem first. B. tended to delay the reader's discovery of the main point. C. used a direct organizational pattern. D. used vague, emotional, and accusatory characters.
You want to compare a sample of n = 80 to a population where ? = 6 and ? = 4. If x ? = 8, what is the value of the standardized effect size?
a. 4 b. -4 c. .67 d. 5.96