To indicate a footnote, you should use __________________ immediately following the quotation or paraphrase to which the footnote is related
a. subscript letters
b. superscript Arabic numerals
c. two asterisks
d. a set of parenthesis
b
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Yesterday, Mars Inc. borrowed $225,000 from its bank at a simple interest rate of 12 percent. The loan is for nine months and the loan agreement requires the interest to be added to the amount borrowed and the total amount to be repaid in monthly installments. What is the loan's approximate annual percentage rate (APR).
A. 17.59% B. 16.20% C. 21.60% D. 15.83% E. 16.99%
When computing the present value, the interest rate will vary depending on the amount of risk. Riskier investments, such as FDIC-insured bank deposits, command higher interest rates
Indicate whether the statement is true or false
Adam Smith fits into which category?
a. Utiliarian b. Divine Command c. Ethical Egoism d. Categorical Imperative
With a Fixed Principal Commercial Loan where the amount borrowed is $120,000 for 5 years at 8
percent, the first monthly payment will be A) $2,000 B) $2,800 C) $9,600 D) $11,600