Use Table 12-1 in your text to calculate the future value of the annuity due, rounding to the nearest cent:
Annuity
Payment
Time
Nominal
Interest
Future Value
Payments
Frequency
Period
Rate
Compounded
of the Annuity
$40
every month
12%
monthly
__________
What will be an ideal response?
$1,570.31
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Fill in the blanks with correct word
A tearsheet is
A. a guarantee that the ad will receive run-of-paper (ROP) positioning. B. a perforated, preprinted insert. C. a page that verifies that an ad ran as it was supposed to. D. another term for an ad paste-up. E. the receipt that the media salesperson gives to the advertiser.
Capital-constrained entrepreneurs cannot afford to do much prior analysis and research because
A. the affordability of properly conducted research is beyond the means at their disposal. B. the costs of any mistakes are lower than the risks of missing out on opportunistic actions. C. the limited profit potential and high uncertainty of the opportunity they pursue may make the benefits low compared to the costs. D. potential competitors could quickly discern the entrepreneurs' intentions and motives from their research.
Give several reasons why a firm might want to use an enterprise application integration (EAI) rather than enterprise resource planning (ERP) system
What will be an ideal response?