Your investment advisor informs you that you do not need to pay a ...

[asan beg]

Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one month and keeps all of the proceeds before investing it for you.
 
  If your advisor makes and keeps a 2 return on your investment, what is his EAR if the earnings rate could be extrapolated for one year?
  A) 2.00
  B) 24.00
  C) 26.82
  D) 126.82

Question 2

Non-uniform demand can be accommodated in the EOQ model by allowing for non-uniform
  ordering costs.
 
  Indicate whether the statement is true or false

[chinwesucks]

Answer to Question 1

Answer: C
Explanation: C) EAR = (1 + hpr) (1/n) - 1 = (1.02)(12) - 1 = 26.82.

Answer to Question 2

FALSE

[asan beg]

TYSM

[meow1234]

Thanks for the timely response, appreciate it