The effective annual rate of an investment is equal to its quoted interest rate when the investment is compounded _____.

A. continuously
B. daily
C. monthly
D. semi-annually
E. annually


Answer: E

Business

You might also like to view...

Which of the following statements is true of union decertification?

A. A union can be decertified only if it is being pressured by the government to do so. B. A decertification election is conducted when 30 percent of the eligible employees in the bargaining unit sign the decertification cards. C. For decertification to occur, a closed-shop agreement must have existed between the union and the employer. D. Once a union has been decertified, a new election cannot be requested for certification for at least 2 years.

Business

Once a company has conducted exploratory research and reviewed the resulting data, its next step is most likely which of the following?

A) conduct descriptive research B) calculate the representative sample size C) identify secondary data sources D) select a primary data collection method E) conduct qualitative research

Business

________ is the stockholders' equity applicable to common shares divided by the number of common shares outstanding.

What will be an ideal response?

Business

The company, Patagonia was used in the textbook as an example for what type of leadership style?

a. Authentic leadership b. Spiritual leadership c. Servant leadership d. Ethical leadership

Business