26.)What would be the monthly payment on a 5 year loan of
$24,000 if the interest rate is 5.0% compounded montly?
A.
$452.91
B.
$492.75
C.
$377.42
D.
$500.00
true or false:
27.)When doing a comparison of ratios for your company, the
comparison probably should be with the industry average.
28.)When taking out a loan you would rather get an interest rate
of 7% compounded monthly, instead of one compounded daily.
29.)Which of the following financial ratios are market-based
ratios?...