The accounting rate of return uses cash flow

Indicate whether the statement is true or false

TRUE

Business

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The advanced networking consortium representing more than 500 universities, businesses, and government agencies is known as:

A) Internet2. B) ICANN. C) IAB. D) W3C. E) FCC.

Business

If a loan of $10,000 is paid back in equal annual end-of-year payments of $2,570.69 during the next five years, what is the annual interest rate on the loan?

A) 2% B) 5% C) 9% D) 12%

Business