Five years ago you took out a 30-year mortgage with an APR of 6.5% for $200,000. If you were to refinance the mortgage today for 20 years at an APR of 4.25%, how much would your monthly payment change by?
A) The monthly payment will increase by $104.79.
B) The monthly payment will decrease by $104.79
C) The monthly payment will increase by $343.12.
D) The monthly payment will decrease by $343.12.
Answer: B
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Currency arbitrage tends to result in identical yen/dollar exchange rates in New York and in Tokyo.
a. True b. False
Which of the following is the best advice for face-to-face communication?
A. Begin with good news, and lead up to bad news. B. Use a face-to-face meeting as an opportunity to multitask. C. Hold "town hall" meetings daily. D. Speak "off the cuff" rather than preparing a dull list of topics that need to be discussed. E. Have face-to-face meetings spontaneously when you encounter a co-worker in the daily course of doing business (for example, in the copy room or lunch room).
A green manufacturing company can make three strategic manufacturing adjustments. Which of the following may not be a positive adjustment.
a. Adjustment to the manufacturing process b. outsourcing of the manufacturing process c. Introduction of new production processes d. Incorporate waste reduction and recycling technologies
State use taxes are more convenient for individual consumers than state sales taxes.
Answer the following statement true (T) or false (F)