At the end of each quarter, Patti deposits $500 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in three years? (Use appropriate factor(s) from Table 1, FV of $1; Table 2, PV of $1; Table 3, FVA of $1; and Table 4, PVA of $1 contained within a separate file.)
A. $8,880.
B. $7,096.
C. $7,129.
D. $7,013.
Answer: B
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Stanley, a bank manager, holds the economic model of social responsibility view. What is he most likely to say about the connection between taxes and social responsibility?
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A. $5,389 F B. $5,389 U C. $4,896 U D. $4,896 F
A half-page plea in a traditional newspaper to pass environmental legislation or carry out sanctions against governments that permit whaling is clearly which of the following?
a. An editorial message only. b. A commercial message only. c. Either an editorial message or a commercial message. d. Neither an editorial message nor a commercial message. e. Both an editorial message and a commercial message.
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