Starbucks needed Pepsico to help develop and market its bottled Frappuccino beverage in the grocery channel. This is an example of ____, enabling a company to use another manufacturer's already established channel.

Which of the following is true?

a. Rents occur at the beginning of each period of an ordinary annuity. b. Rents occur at the end of each period of an annuity due. c. Rents occur at the beginning of each period of an annuity due. d. None of these.

A car dealer offers paymets of $722.59 per month for 36 months on a $31,000 car after making a $8,000 down payment. What is the loan's APR?

a. 10.17% b. 11.17% c. 5.17% d. 8.17%