A perpetuity has a PV of $20,000. If the interest rate is 6%, how much will the perpetuity pay every year?
A) $600
B) $960
C) $1200
D) $720
Answer: C
Business
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The Organization for Economic Cooperation and Development (OECD) has become more focused on global issues, social policy, and labor market regulations as seen by:
A) addressing the vexing problem of bribery. B) requiring members to cooperate when pursuing bribery allegations. C) helping members candidly assess their own economic policies. D) member nations working together in committees to review social policies. E) all of the above
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A(n) ________ is a plot of the values of two variables for all the cases or observations
A) scatter diagram B) regression line C) covariance chart D) distribution curve E) observational plot
Business