Which one of the following techniques is particularly recommended when you need to know how people would react to the alternatives to the problem at hand?
A) group brainstorming
B) brainstorming individually
C) general problem-solving group
D) nominal group technique
Answer: D
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You are considering prepaying an installment loan you took out several months ago. The lender has provided you with the following information
remaining months to pay 10 loan payoff $851.29 monthly payments $95. 00 balance due in last month of the loan $95.00 remaining interest on the loan $98.71 You believe you can earn an annual after-tax rate of rate of 16% on your investments in each of the next ten months (1.33% a month). Given the above information, you should A) prepay the loan; your net gain will be about $35.62. B) not prepay the loan; your net gain will be about $35.62. C) prepay the loan; your net gain will be about $14.80. D) not prepay the loan; your net gain will be about $14.80.