Non-comparative scales are often referred to as monadic scale
Indicate whether the statement is true or false
TRUE
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Which of the following statements is FALSE?
A) A dollar received one year from now will be worth more than a dollar received today. B) On monthly compounding loans, the annual percentage yield will be less than the nominal or quoted rate of interest. C) Compounding essentially means earning interest on interest on an initial balance. D) Perpetuities pay an equal payment forever.
Happy Helpers Maid Service is calculating its standard direct labor rate. The direct labor rate is $12 per hour. Happy Helpers incurs payroll tax expense of 15% of the direct labor rate and incurs costs for sick-days and vacation days of $3 per hour
What is the standard rate per direct labor hour? A) $15.00 B) $16.80 C) $12.00 D) $13.80