Which symbol would be used in a flowchart to represent a connection to another part of the flowchart on a different page?





A) #4

B) #9

C) #14

D) #15

Answer: D

Business

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A fee simple absolute estate is defined as:

a. an estate based on a condition precedent. b. an estate for years. c. the highest interest one can have in real property. d. a life estate.

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The appropriate discount rate for this project is 15%. The internal rate of return (IRR) for this project is closest to ________

The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $400,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 Year 2 Year 3 Year 4 $157,452.975 $157,452.975 $157,452.975 $157,452.975 A) 13% B) 16% C) 21% D) 24%

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