The categorical independent variables used in an analysis of variance are called factors

The higher the risk of a project, the higher its risk-adjusted discount rate and thus the lower the net present value for a given stream of cash inflows

Indicate whether the statement is true or false

The correct equation for calculating the cost of short-term credit is

A) rate = interest/(principal × time). B) rate = (principal × time)/interest. C) rate = principal/(time × interest). D) rate = principal × interest × time.