Celebrate Holidays Company signed a 7%, 10-year note for $161,000. The company paid an installment of $2500 for the first month. What portion of the first monthly payment is principal? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $1561
B) $4061
C) $4830
D) $15,917
A) $1561
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Which of the following is one of the three basic ideas in the "marketing concept"?
A. customer satisfaction B. resource efficiency C. to obtain economies of scale D. to maximize sales E. the president having a marketing background
At his death Trevor had a probate estate consisting of $4 million of property. Which of the following is a true statement about Trevor's estate or estate tax?
A. Trevor must have a taxable estate of at least $4 million. B. Trevor must have an adjusted gross estate of at least $4 million. C. Trevor must have a gross estate of at least $4 million. D. Trevor must have an estate tax base (cumulative taxable transfers) of at least $4 million. E. None of the choices are necessarily true.
Answer the following statement(s) true (T) or false (F)
A perfect correlation would translate into perfect prediction in the case of linear regression.
When phone lines are used for Internet connections, data transmission is possible without the use of analog modems
Indicate whether the statement is true or false