You charged $1,000 on your credit card for Christmas presents. Your credit card company charges

you 26% annual interest, compounded monthly.

If you make the minimum payments of $25 per
month, how long will it take (to the nearest month) to pay off your balance?
A) 54 months B) 40 months C) 94 months D) 79 months


C

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Castillo Services paid K. Castillo, the sole shareholder of Castillo Services, $6800 in dividends during the current year. The entry to close the dividends account at the end of the year is:

A. Debit Dividends $6800; credit Cash, $6800 B. Debit Dividends $6800; credit Retained earnings $6800 C. Debit Retained earnings $6800; credit Dividends $6800 D. Debit Income Summary $6800; credit Retained earnings $6800 E. Debit Retained earnings $6800; credit Salary Expense $6800

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Companies that cultivate cultures of experimentation and curiosity make sure that ________ is not, in essence, a bad thing.

A. success B. dissent C. risk taking D. failure

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According to the Lonergan/Baird Method, Step 4 is to ______ and act with courage.

A. be attentive B. be intelligent C. be reasonable D. be responsible

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A Web site's ________ determines how a site organizes, labels, and navigates its Web pages to support browsing and searching

Fill in the blank(s) with correct word

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