The first passage in the career crossroads model is managing others

Determine the annual effective rate of a customer that does not take advantage of credit terms of 3/15, n/30.

A) 9.84% B) 69.84% C) 29.84% D) 109.84%

For a risk-indifferent manager, no change in return would be required for an increase in risk

Indicate whether the statement is true or false