When you turned 20, you deposited $1,500 into an account paying interest that is compounded quarterly. You just turned 30, and there is now $2,233.30 in the account. What nominal annual interest rate is the account paying?

Mealer, Inc has prepared its third quarter budget and provided the following data

Jul Aug Sep Cash collections $51,000 $39,500 $46,600 Cash payments: Purchases of direct materials 31,000 21,500 17,000 Operating expenses 12,000 9,000 11,300 Capital expenditures 13,500 24,600 0 The cash balance on June 30 is projected to be $4,500. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the final projected cash balance at the end of September. A) $21,584 B) $6,584 C) $8,367 D) $54,967

Many consumers consider products with labels such as "Made in Bangladesh" and "Made in Brazil" to be of inferior quality and value

Indicate whether the statement is true or false