A promissory note was signed with a face value of $25,000 on September 10 . The 90-day note is at 11.7%. Find the due date and maturity value of the note
a. November 30; $25,687.25
b. December 9; $26,125.85
c. December 9, $25,731.25
d. November 30, $26,055.65
c
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Ample opportunities for educational development are provided in capitalist economic systems because education is free for students.
Answer the following statement true (T) or false (F)
The formula to calculate a present value of a deferred annuity is: PVdeferred = C × (Converted Factor for Present Value of Deferred Annuity of 1)
Indicate whether the statement is true or false
Analysis reveals that a company had a net increase in cash of $21,980 for the current year. Net cash provided by operating activities was $19,800; net cash used in investing activities was $10,900 and net cash provided by financing activities was $13,080. If the year-end cash balance is $26,700, the beginning cash balance was:
A. $42,960. B. $43,960. C. $17,260. D. $4720. E. $48,680.
Which of the following statements about advertising is true?
A) Advertising is personal communication from an identified sponsor using the mass media. B) Consumers perceive advertising as always having a high level of credibility. C) Advertising can be used to suggest how to compare competing brands. D) The effect of advertising is more easily measured than the effect of sales promotions. E) Advertising always relies on factual information.