An interest rate is 12% per annum with semiannual compounding. What is the equivalent rate with quarterly compounding?
A. 11.83%
B. 11.66%
C. 11.77%
D. 11.92%
A
The equivalent rate per quarter is . The annualized rate with quarterly compounding is four times this or 11.83%.
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Tracie, working at a research facility in Washington, DC, needs to communicate with Juan, who is in Mexico City, about a project they are working on. Although Juan has perfect command of English, they are still facing a(n) ______ barrier to communication.
A. semantic B. physical C. encoding D. medium E. personal
Garret was not sure if he was allowed to use his sick time when he was on vacation. Instead of asking, when he filled out his timesheet, he noted a sick day and waited to see if anyone noticed. What type of information-seeking strategy did Garret use?
a. indirect b. testing c. observing d. disguising conversations
An adult may avoid any contract with a minor.
Answer the following statement true (T) or false (F)
Lucy agrees to work for Mung Manufacturing, Ltd., as a Chinese/ English/ French translator. In determining whether a contract has been formed, an element of prime importance is A) the parties' intent
B) Mung's base of operations. C) the duration of the work. D) Lucy's language capabilities.