The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at Time 0 and (2) the greater the present value of a given lump sum to be received at some future date.
Answer the following statement true (T) or false (F)
False
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On March 1, 2018, Everson Services issued a 4% long-term notes payable for $16,000. It is payable over a 4-year term in $4000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. Each yearly installment will include both principal repayment of $4000 and interest payment for the preceding one-year period. On March 1, 2019, ________. The accounting period ends on December 31.
A) Everson must accrue $4000 of Interest Expense B) Everson must accrue the next note payment of $4000 as the current portion of principal payment C) Everson must pay $640 of interest to the note holder D) Everson will receive $4000 as an installment payment
To make it easy for an audience to follow instructions, ________
A) put the directions at the start of your message B) use bullets instead of numbers if the sequence or order of steps is important C) include only one action per step D) identify the condition at the end of each step if an instruction is conditional E) place the explanation before the action if a step requires explanation
Personal and fatigue allowances can include amounts for the effects of lighting, heat and humidity, and noise
Indicate whether the statement is true or false
Higher returns of equity hedge funds as compared to the S&P 500 Index reflect positive compensation for __________ risk.
A. market B. liquidity C. systematic D. interest rate