You plan to invest $2,500 in a money market account which will pay an annual stated (nominal) interest rate of 8.75%, but which compounds interest on a weekly basis
If you leave this money on deposit for one year (52 weeks), what will be your ending balance when you close the account?
A) $2,583.28
B) $2,611.72
C) $2,681.00
D) $2,703.46
E) $2,728.40
E
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Sellers cannot influence or use consumers' reference prices when setting their product prices
Indicate whether the statement is true or false
Robin Corporation reported the following information for 2011 and 2012: Salaries payable, December 31, 2011 $20,000 Salaries payable, December 31, 2012 15,000 Salaries expense--2012 80,000 How much cash was paid for salaries during 2012?
A) $60,000 B) $65,000 C) $75,000 D) $85,000
With regard to taxation of partnerships, which of the following statements is correct?
A. Profits are taxed twice. B. Each partner is taxed in the same way as a sole proprietor. C. Taxes are paid on a partnership's profits, after which each partner pays taxes on his or her share of the profits. D. A partnership is exempt from taxes. E. The partnership is taxed as a separate entity.
Which type of emotions encourage us to comfort and help others?
A. Other condemning B. Other suffering C. Self-conscious D. Other praising