Karen's Katering borrows $4,500, at 8.5% interest, for 260 days. If the bank uses the exact interest method, how much interest will the bank collect? (Round to the nearest cent)

A) $304.17
B) $287.95
C) $290.56
D) $272.47

D

Business

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The purpose of the sales budget report is to

a) control selling expenses. b) control sales commissions. c) determine whether income objectives are being met. d) determine whether sales goals are being met.

Business

Which of the following is a difference between a formal interview and an informal interview?

A) Most formal interviews progresses from open-ended questions to structured questions, whereas most informal interviews rely on the spontaneous generation of questions in the natural flow of an interaction. B) Formal interviews are systematic in nature, whereas informal interviews are more structured in nature. C) Formal interviews are generally conducted in the beginning of an engagement, whereas informal interviews are generally conducted at a much later stage. D) Formal interviews have a blend of open-ended and structured questions, whereas informal interviews are not controlled by a specific set of detailed questions.

Business