The ranking approach involves the ranking of capital expenditure projects on the basis of some predetermined measure such as the rate of return

Indicate whether the statement is true or false

TRUE

Business

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Based on current projections, people of Hispanic heritage will compose at least 33 percent of the U.S. population in 2050

Indicate whether the statement is true or false

Business

Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in six equal annual installments. The interest paid in the first year is ________

A) $1,155 B) $2,481 C) $ 144 D) $1,327

Business