What is the general relationship between the absolute values of APR and EAR for an investment?
What will be an ideal response?
Answer: The APR of a project will either equal its EAR or be smaller than EAR. The APR will equal EAR with annual compounding for all other compounding intervals the APR will be smaller than EAR.
You might also like to view...
Discuss the facts pertaining to laws against discrimination based on marital status.
What will be an ideal response?
In considering the transnational strategy, Nestle evaluates the limits of decentralization. The closer they are to the consumer in activities such as branding and pricing, the more they tend to decentralize. The more they deal with production and logistics, the more they centralize decision-making. The production and logistics decisions involve ________ activities.
A. downstream B. in its infrastructure C. upstream D. midstream
Daniel's business constructs storage sheds for new housing developments as requested by the builders. Daniel's business would best be classified as a
A. service business. B. retailer. C. distribution business. D. production business. E. wholesaler.
An agreement that does not specify the time for performance is not binding because it is too indefinite.?
Indicate whether the statement is true or false