According to Paul Nutt, a decision-making authority, what percent of decisions made by managers are failures?

Peter invests $100,000 in a 3-year certificate of deposit earning 3.5% at his local bank. Which time value concept would be used to determine the maturity value of the certificate?

a. Present value of one. b. Future value of one. c. Present value of an annuity due. d. Future value of an ordinary annuity.

An agent contacted an owner to see if they might want to sell the property. The agent said, "I think I can get you $250,000," which surprised the owner. The owner said, "Ok, and anything over that can be your commission." This is:

a) A really good deal for the agent and the agent should jump on it! b) Only legal if the agent ran comps and can justify the $250,000 number. c) A perfectly good way for agents to market themselves and get listings. d) Is a net listing and could be grounds for disciplinary action against the agent.