It is only as good as the information put into it. You must very good and correct information in order to have good decision. <span>It is not suitable for small tables (little input information and "small" problems).</span>
Answer:
The correct answer is letter "A": see themselves as better than the average person.
Explanation:
In <em>social psychology</em>, individuals' self-serving bias is the point of view people have of themselves believing they are superior to others. Given a certain attribute, these kinds of individuals relate a positive outcome with their own "awesomeness" while a negative outcome is the reflection of others not being capable enough of reasoning like the individuals even though the individuals could be objectively wrong.
Answer:
The correct answer is letter "D": all of the above.
Explanation:
Partnerships are forms of entities where the owners of the business or partners are unlimited liable. This means if the company is in debt the personal assets of the partners can be considered as part of the repayment. If one of the <em>partners retires, is removed, if a new partner is added </em>or <em>if one of them deceases</em>, the current partnership is dissolved or legally terminated.
Answer: The answer is given below
Explanation:
a. What is the true monthly rate of interest?
The monthly rate of interest will be the annual percentage rate of charge given in the question divided by the number of months. This will be:
= APR/12
= 6.5%/12
= 0.065/12
= 0.0054
= 0.54%
b. What is the EAR?
The effective annual rate will be calculated using the formula:
EAR = (1 + (APR / m)^ m) - 1
EAR = (1 + (0.065/ 12)^12) - 1
EAR = [(1 + 0.0054)^12] - 1
EAR = (1.0054)^12 - 1
EAR = 1.06676 - 1
EAR = 0.06676
EAR = 6.68%
