An international trip taken by government officials and businesspeople to promote exports or to attract investment is known as a ________

A) Trade mission
B) Trade assignment
C) Trade undertaking
D) Skill mission
E) Trade operation

A

Business

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If you want to have $4,200 in 29 months, how much money must you put in a savings account today? Assume that the savings account pays 12% and it is compounded monthly (round to nearest $1).

A. $3,147 B. $2,439 C. $3,009 D. $2,678

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On the due date, Merrel makes proper tender of full payment of a note to Russell, who is entitled to payment. If Russell refuses payment, Merrel is discharged from liability for:

a. the face amount of the note. b. any interest accrued until the time of tender. c. interest after the due date. d. All of these are correct.

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