On January 1, Year 1, Scores or Oars, Inc., borrowed $100,000 at 8%. The loan will be repaid with equal annual installment payments of $30,000 made on the last day of each year, which is the company's yearend. The first payment will include a debit to Notes Payable of $______.

Autumn Fair sells reusable plastic stencils for use in decorating. When graphed, the demand schedule for Autumn Fair brand stencils forms a straight line. If at $3 per stencil, 500 stencils are demanded, and at $4 per stencil, 450 stencils are ordered, how many will be ordered at a price of $6 per stencil?

a. 333 b. 350 c. 400 d. 375

Under Title VIII of the Civil RIghts act of 1968, certain transactions are exempt. Which one of the situations below would be exempted and not a violation of the act?

A. A church-owned apartment complex where the language in the lease restrict tenancy to memers of a specific national orgin B. Members of a certain ethnic group are denied lodging in facilities operated by a private club for commercial purposes C. An unlisted home that is for sale by owner, where the only advertising is a sign in front of the property that simply reads " For Sale" and the owner owns only one other home D. An Absentee owner who rents units in a four-plex without the help of a real estate agent