Calculate the present value of an annuity of $3,900 each year for four years, assuming an opportunity cost of 10 percent
What will be an ideal response?
PV = (3,900/0.1)[1-(1/(1.1)4)] = $12,363
Business
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Seekart uses an automated system to process its customers' purchases and sends the information to the manufacturer's warehouse, which directly ships the required products to the customers. This system employed by Seekart is called a(n) _____. a. job shop b. assembly line c. materials management system d. order processing system
Business
Statements of fact include interpretations, conclusions, or assumptions
Indicate whether this statement is true or false.
Business