Biff deposited $9,000 in a bank account, and 10 years later he closes out the account, which is worth

$18,000. What annual rate of interest has he earned over the 10 years?

A) 7.18% B) 6.45% C) 10.0% D) 9.10%


A

Business

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Generally, an organization checks references

A. only if it believes the information provided by an applicant is incorrect. B. after it has determined that an applicant is a finalist for a job. C. immediately after an applicant submits a résumé. D. because it is a legal requirement under equal employment opportunity laws. E. because it is an unbiased source of information.

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________ take over the whole marketing job of producers, not just the selling function.

A. Export and import brokers B. Service wholesalers C. Selling agents D. Brokers E. Auction companies

Business

In a ________ situation, users, influencers, or deciders in the buying center want to change product specifications, price, delivery schedule, or suppliers, though the product is largely the same.

A. straight rebuy B. modified rebuy C. make-buy D. rebuy class E. derived buy

Business

The threat of expropriation creates an incentive for the multinational firm to minimize inventory holdings in certain countries and to bring in goods only as needed.

Answer the following statement true (T) or false (F)

Business