Mildred purchased a new dining room table and china cabinet from Discount Furniture, which offered a one-year special with no interest or financing charges. When Mildred makes her purchase, Discount Furniture checks her credit and seeks approval for her. Upon approval, Mildred receives information informing her that she will make payments to Regional Finance Company. This arrangement is an example of
A. unsecured bank loan.
B. commercial paper.
C. factoring.
D. pledging accounts receivable.
E. selective financing.
Answer: C
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The standard error of estimate, SEE, is the standard deviation of the actual Y values from the predicted ? values
Indicate whether the statement is true or false
Which of the following statements is true with regard to the proportion of normally distributed data and number of standard deviations from the mean?
a. The percentage of data from the mean to one standard deviation to the left of the mean is 42%. b. The percentage of data from the mean to two standard deviations to the right of the mean is 68%. c. The percentage of data within three standard deviations (plus/minus) from the mean is about 99%. d. The percentage of data within one standard deviations (plus/minus) from the mean is about 95%.
Angelo is dealing with stress at work. He finds that he has to expend too much mental or physical energy over too long a period of time, which is known as
A. high demand. B. high effort. C. low control. D. low reward.
You have $253.05 today. A friend wants to borrow that money from you and pay you back $310 at the end of 3 years. What rate of return (per annum) will you earn from the loan?
A) 7.0% B) 7.2% C) 6.8% D) 7.4% E) 7.6%