Having at least three observed variables for each latent construct is a way to help make sure
that the model is identified.
Indicate whether the statement is true or false
TRUE
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Which of the following BEST describes a target market for a nonprofit organization?
a. It is best defined geographically, to include the area served. b. It needs to be defined as the "community" in general in order to reach all potential targets. c. It may include many apathetic or strongly opposed targets. d. It is best defined as the potential donors because their funds will ensure the survival of the organization.
You own a contract that promises an annuity cash flow of $100 end-of-the-year cash flows for each of the next three years (note: the first cash flow is exactly one year from today)
At an interest rate of 10%, what is the future value of this contract exactly three years from today? A) $248.69 B) $273.55 C) $331.00 D) $364.10