Jenkins Security has learned that a rival has offered to supply a parking garage with security for ten years for $45,000 up front and a further $15,000 per year
If Jenkins Security offers to provide security for eight years for an upfront cost of $60,000 and a separate yearly payment, by what maximum amount can this yearly payment be over $20,000, so that Jenkins' offer matches the equivalent annual annuity of their rival's offer? (Assume a cost of capital of 5%.)
A) -$89
B) -$94
C) -$100
D) -$111
Answer: D
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Which of the following quality management principles from the basis of the ISO 9000?
(a) outsourced training (b) customer focus (c) consistent productivity (d) people involvement
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