Accurate measures are exact and precise

Indicate whether the statement is true or false


TRUE

Business

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Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. What is the effective annual rate on the loan?

A. 8.24% B. 8.45% C. 8.66% D. 8.88% E. 9.10%

Business

During a salesperson's ________, her actual performance is compared with the performance standards set for her sales territory.

A. Territorial evaluation B. Break-even analysis C. MBO review D. Market audit E. ELMS review

Business

__________ consists of larger amounts of funds provided for companies that have a team in place and a product or service tested or piloted, but as yet show little or no revenue.

a. Startup loans b. Seed-stage financing c. Startup financing d. Early-stage financing

Business

The desire to have satisfying relationships with others and feel a sense of love, affection, belonging, and acceptance is a reflection of ________ need.

A. safety B. esteem C. self-actualization D. physiological E. social

Business