Suppose you are buying your first condo for $160,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6.5% nominal interest rate, with the first payment due in one month. What will your monthly payments be?
A. $971.49
B. $962.32
C. $925.66
D. $769.86
E. $916.50
Answer: E
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Which one of the following adjustments will increase assets?
A) Interest incurred on money borrowed during the period but not yet paid to the bank. B) Rent revenue is recorded for amounts owed by a tenant but not yet paid. C) The use of supplies is recorded. D) Depreciation for the period is recorded.
Answer the following statements true (T) or false (F)
1.Bertrand Russell suggested that power can be formalized by granting someone the authority for its exercise. 2.The human relations movement during the 1960s and 1970s challenged the idea that the job of management was to manipulate workers for the benefit of organizations. 3.Simply having the positive regard and respect of others is a potential source of power. 4.The use of coercive power tends to increase referent power, whereas the use of reward power tends to diminish referent power. 5.Covert power is easily observed.
Consider a population of five weights identical in appearance but weighing 1, 3, 5, 7, and 9 ounces.
a.Determine the mean and the variance of the population.b.Sampling without replacement from the above population with a sample size of 2 produces ten possible samples. Using the ten sample mean values, determine the mean of the population and the variance of 
.c.Compute standard deviation from the mean computed in (b) above.
What will be an ideal response?
When asking customers questions, do all of the following, EXCEPT: ____.
A. Encourage the other person to articulate motivations. B. Ask "yes" and "no" questions. C. Paraphrase to make sure you understand the message. D. Pretend to understand.