Costs are ____ when an item is ordered even though actual payment may take place at some later time

An interest rate is 6% per annum with annual compounding. What is the equivalent rate with continuous compounding?

A. 5.79% B. 6.21% C. 5.83% D. 6.18%

Which of the following is not one of "The Three C's" of a business plan?

A) concept B) challenge C) customer D) capital