Suppose randy jones plans to invest $1,000. he can earn an effective annual rate of 5% on security a, while security b has an effective annual rate of 12%. after 11 years, the compounded value of security b should be somewhat less than twice the compounded value of security a. (ignore risk, and assume that compounding occurs annually.)

Grace period is a period of time before the credit card company starts charging late fees. truefalse

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.

How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products