What is the importance of the APY?
What will be an ideal response?
Answer: Understanding the impact of compounding frequency on the actual or effective rate of return is essential to Personal Finance. There are many different investment options available at different Institutions that make it hard to determine which is the best one for you. By converting the APRs into APYs it allows you to make the best choice to maximize your returns.
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Describe upward feedback and give at least two examples.
What will be an ideal response?
Conflicts between employers and employees can best be described as conflicts between:
A. Property rights and individual rights. B. Consumer rights and privacy rights. C. Rights of the privileged and rights of the underprivileged. D. Economic rights and worker rights.
What generation is considered to be the most exposed to entrepreneurship education?
a. Baby Boomers b.Generation X c. Millennials d. Generation Z
Under certain conditions, a project may have more than one IRR. One such condition is when, in addition to the initial investment at time = 0, a negative cash flow (or cost) occurs at the end of the project's life.
Answer the following statement true (T) or false (F)