Either the owner or the tenants ____ the apartment at the end of the lease

A) clean
B) cleans


A

Business

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A company borrows $40,000 and issues a 3-year, 10% installment note with interest payable annually. The factor for the present value of an annuity at 10% for 3 years is 2.4869. The factor for the present value of a single sum at 10% for 3 years is 0.7513. The amount of the annual interest payment is $16,084.28.

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

Business

________ uses random numbers to generate simulation events

Fill in the blanks with correct word

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 51 hr for the first widget. Acme estimates it has an 85% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 148th widget.

A. 16.24 hr B. 15.86 hr C. 19.52 hr D. 16.94 hr

Business

Dollar cost averaging is a procedure by which an investor

A) buys more stock as its price increases. B) times investments in order to buy low and sell high. C) invests a fixed dollar amount in a security at fixed intervals. D) maintains a constant ratio of conservative and aggressive investments.

Business