If we borrowed $10,000 on a line of credit September 1, and the bank charges 12 percent per
annum, compounded daily, the interest due on October 1 is approximately
A) $33.80. B) $40.00. C) $98.63. D) $100.00.
C
Business
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The official reserve transactions balance is referred to as
A) the capital account. B) the current account. C) the trade balance. D) the net change in government international reserves.
Business
Systematic study in OB implies that behavior is random
Indicate whether the statement is true or false.
Business