Which table would you use to determine how much you would need to have deposited three years ago at 10% compounded annually in order to have $1000 today?
a. Future value of 1 or present value of 1
b. Future value of an annuity due of 1
c. Future value of an ordinary annuity of 1
d. Present value of an ordinary annuity of 1
Answer: a. Future value of 1 or present value of 1
Business
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The "Father of Scientific Management" is:
A) Henry Ford. B) Frederick W. Taylor. C) W. Edwards Deming. D) Frank Gilbreth. E) just a figure of speech, not a reference to a person.
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When you buy a stock on margin, your gain is magnified if the stock goes up in value
Indicate whether the statement is true or false.
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