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Author Question: If a problem states that interest is compounded quarterly, that means there are 6 compounding ... (Read 156 times)

crobinson2013

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If a problem states that interest is compounded quarterly, that means there are 6 compounding periods per year.
  Indicate whether the statement is true or false

Question 2

You are the President of Boca Grande & Company. Your staff has prepared Table 21-1 from the text. You want to know what percentage of the total units sold in May were standard. (Round to the nearest tenth of a percent)



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rosiehomeworddo

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Answer to Question 1

FALSE

Answer to Question 2

61.4




crobinson2013

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


nathang24

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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