Howard is saving for a holiday. He deposits a fixed amount every month in a bank account with an EAR of 14.7%
If this account pays interest every month then how much should he save from each monthly paycheck in order to have $14,000 in the account in four years' time?
A) $176
B) $308
C) $220
D) $352
Answer: C
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The practice of a message receiver giving back in his or her own words what he or she believes a sender said is called ________.
A. decoding B. channeling C. paraphrasing D. encoding
Changes in the cost of goods sold can have a substantial impact on gross profit margin
Indicate whether the statement is true or false
Errors made in journalizing transactions, posting to the ledger, and preparing the trial balance can still exist in a balanced trial balance.
Answer the following statement true (T) or false (F)
How can a person establish credibility with his or her audience if the person is unknown to that audience?
A) Being modest and not mentioning her education or expertise B) Maintaining a respectful distance from her audience before the presentation, so as not to violate the professional relationship with attempts at building rapport C) Mentioning her professional relationship with a renowned expert in the field D) Avoiding the discussion of work done by other experts in the field E) Presenting a highly subjective idea that favors her own view point