Costs such as gasoline and oil, tires, maintenance and repairs, and toll fees are all _______ costs.
a. fixed
b. variable
c. nonexistent
d. optional
e. prepaid
b. variable
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What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%?
A. $4,750 B. $5,000 C. $5,250 D. $5,513 E. $5,788
You have a company that needs a new computer system that will cost $25,000. You put down
$5,000 and finance the remainder at 12 percent, compounded monthly for 2 years. The bank will automatically deduct the payment from your account at the beginning of each month. What is your monthly equipment payment? A) $941.47 B) $1,176.83 C) $2,677 D) $2,230
The city of Fredonia is requiring all developers who are proposing subdivisions to the city council to pay a one?time 1% of their contract costs as a fee for school and facilities expansion. Several contractors object to the fee
A)?The fee is unconstitutional B)?A percentage fee is unconstitutional C)?The fee is an impact fee and is valid D)?None of the above
The adjusted multiple coefficient of determination is adjusted for the
a. number of dependent variables. b. number of independent variables. c. number of equations. d. sample size.