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Author Question: The benefits derived from reduced mail and processing floats must be greater than the bank fees ... (Read 64 times)

dakota nelson

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on: Jul 10, 2018
The benefits derived from reduced mail and processing floats must be greater than the bank fees
  associated with a lockbox system or else a firm would be better off without the lockbox.
 
  Indicate whether the statement is true or false

Question 2

Which of the following problems could not be addressed by using compounding or discounting techniques?
 
  A) Finding an amount to be invested today to provide a given level of income during retirement
  B) Determining how long it should take the population of China to double
  C) Finding the growth rate in a firm's dividend payments
  D) Calculating the length of time needed for the supply and demand for lendable funds to equate if interest rates are above the equilibrium level
  E) Deciding whether a bank paying interest compounded annually is giving you a better deal than a rate that compounds daily


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bookworm410

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Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


dakota nelson

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

essyface1

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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