In order to take advantage of the time value of money you should do all of the following except
A) pay bills electronically so you can delay payments and still ensure on-time payment.
B) pay bills a little later than the due dates to take advantage of month-ending interest on your savings account.
C) use settings on many bill-paying Web sites that allow you to set a future date for payment once you receive a bill.
D) make use of your money while you have it, but always make payments by the due dates.
Answer: B
You might also like to view...
People with good political skills tend to develop poor leader-member exchanges, because most managers dislike subordinates who use organizational politics
Indicate whether the statement is true or false.
Which of the following describes the change in the nature of management science to accommodate the need to process large volumes of data?
a. Reliance on spreadsheet modeling b. Connection of optimization models with live operational databases c. The use of distributed file systems technologies such as Hadoop to process a variety of data sources d. All of the above are used by management scientists to process large volumes of data.