Faisal has $12,000 in his savings account and can save an additional $3600 per year. If interest rates are 12%, how long will it take his savings to grow to $47,000?
A) 4.3 years
B) 6.3 years
C) 5.3 years
D) 7.3 years
Answer: C
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Which is NOT something that a fraud perpetrator conducting a bust-out is likely to do?
a. Work to establish credibility b. Contact law enforcement to strengthen their cover c. Quietly buy an existing company that already has established credit or business d. Take on a business name similar to a well-reputed company e. A fraud perpetrator conducting a bust-out is likely to do all of the above
The break–even point is the level of sales at which the contribution margin covers ________
a. variable costs b. net income after tax c. fixed costs d. net income before tax
Swaps
A. are always advantageous. B. can be used for either currency or interest rate holdings. C. are used only to change currency holdings. D. are becoming less popular in international business.
Digital ink refers to technology that digitally represents ____________ in its natural form.
Fill in the blank(s) with the appropriate word(s).