The ________ converts interest rates compounded for different periods into comparable annual rates, allowing you to compare interest rates easily

A) APR
B) APY
C) YTD
D) YAY

Answer: B

Business

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The Subdivided Lands Law does NOT apply to

A. California subdivisions. B. Nevada subdivisions sold in California. C. division into four parcels for the purpose of sale. D. condominiums.

Business

In the services industry, marketing success often leads to success in the marketplace because:

A) there are often few objective measures to compare competitors. B) there are often few other areas where company can spend. C) the rivalry is limited in the service industry. D) most of the services are sold without employing many salespeople.

Business