If his savings account had earned a more conservative 9% annual rate of return, Arnold's savings would be approximately ________ less by age 68

A) $4,132
B) $62,585
C) $167,805
D) $1,871,663

Answer: C

Business

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A company is part of a keiretsu in Japan. Its leaders are worried about the company's financial viability and ask for help from other members of the keiretsu. Why would other participants of the keiretsu feel the need to aid the failing company?

a. Members of the keiretsu will not feel obligated to help, as they will have members of the company fend for themselves. b. Members of the keiretsu are seen as family, which commands attention and allegiance. c. Members of the keiretsu are legally obligated to aid when members are in need. d. Keiretsu are companies that make a profit from lending money.

Business

The study of the legal environment of business is characterized by ________ thinking skills

A) autocratic B) subjective C) critical D) doctrinal

Business