If the interest rates are the same, a loan using add-on interest will have higher payments and charges than a loan using simple interest

Indicate whether the statement is true or false.

Answer: TRUE

Business

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After receiving an offer of employment, how should the resignation at the current employer be handled?

A) Explain to the current employer why you are leaving. B) Tell the current employer what company made you an offer and how much they are paying you. C) Write a letter using the format for negative messages stating your decision to leave and your last day on the job. D) Wait until 3 days before the new job begins to give notice. E) Write a message using a positive format indicating what the company can do to better retain employees.

Business

The break-even graph shown below represents the cost structure associated with a flexible production process and one that is fixed (less flexible)

Using the information displayed in the graph, determine the cost structures associated with the two alternative production methods.

Business