Valley Rendering, Inc. is considering purchasing a new flotation system for grease recovery. The company can finance a $150,000 system at 5% per year compound interest or 5.5% per year simple interest. If the total amount owed is due in a single payment at the end of 3 years, (a) which interest rate should the company select, and (b) how much is the difference in interest between the two schemes?
What will be an ideal response?
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The Marshall Plan succeeded in reviving Europe's economy and thwarting the large internal Communist parties in Europe threatening to take over
A. Italy and France. B. West Germany and Czechoslovakia. C. Britain and Ireland. D. Spain and Portugal. E. France and the Netherlands.
It is generally assumed that the power out of the transformer is ____ the power being put into the transformer.
a. greater than b. less than c. equal to d. unrelated to
Jiang Jieshi and the Nationalist government lost the Chinese civil war to the communists and Mao Ze-dong mainly because
A. Jiang lost the political support and confidence of the Chinese people due to ineptitude and corruption. B. the United States failed to give Jiang enough aid. C. Mao received much assistance from the Soviet Union. D. communists within the Truman administration undermined Jiang's efforts. E. the communists were closer to traditional Chinese culture.
A ____ minimum vertical clearance is required above finished grade for sidewalks, or from any platform or projection from which overhead conductors (of 150 volts, or less, to ground) might be reached.
A. 9-ft B. 10-ft C. 11-ft D. 12-ft