Secondary data are originated by a researcher for the specific purpose of addressing the problem at hand

Marla borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. The actual end of year payment is: (Round to the nearest whole dollar)

A) $942 B) $1,125 C) $1,482 D) $2,641

Replacement cost is most closely synonymous with:

A) original purchase price B) actual cash value less depreciation C) accounting book value D) reconstruction cost