South Penn Tracking is financing a new truck with a loan of $10,000 to be repaid in 5 annual end-of-year installments of $2,504.56. What annual interest rate is the company paying?
A) 7%
B) 8%
C) 9%
D) 10%
E) 11%
B
Business
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Janeen's boss is so pleased with her sales performance during the past quarter that he gives her a bonus. In terms of the model of motivation, the bonus represents a(n) __________.
a. behavior b. unfulfilled need c. extrinsic reward d. intrinsic reward
Business
Which of the following is the authoritative body designated to promulgate attestation standards?
a. Auditing Standards Board b. Governmental Accounting Standards Board c. Financial Accounting Standards Board d. Government Accountability Office
Business