Most on-the-job-failures are attributed to low intelligence

Indicate whether the statement is true or false

F

Business

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When computing the number of deposits needed to accumulate to a future sum, it will take longer the higher the interest rate, holding the future value and deposit size constant.

a. true b. false

Business

Qwerty, Inc. prepaid $7,200 on November 1, 2014 for a one-year insurance premium. On January 1, 2015 of the next year (after December 31 adjustments), the Prepaid Insurance account will have a debit balance of ________

A) $6,600 B) $7,800 C) $7,200 D) $6,000

Business