Timothy borrows $6,930 from the bank. For a four-year loan, the bank requires annual end-of-year payments of $2,281.86. Calculate the interest rate on the loan
What will be an ideal response?
Using financial calculator: PV=6930, PMT= -2281.86, N=4, FV=0, CPT I= 12%
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When conducting a job evaluation, it is most important to remind employees that:
A) your focus is on the value of the tasks, not their individual performances. B) you are looking at their individual performance in specific jobs. C) external data is needed to establish the job's position in the job hierarchy. D) knowledge and skill are equally important in your assessment.