Bill has two student loans on which payments begin in 1 month. The first has payments of 100 per month for 120 months at a nominal annual rate of 5% compounded monthly. The second has payments of 200 per month for 60 months at a nominal annual rate of 8% compounded monthly. After the payment at the end of month 30, Bill will have the option to consolidate the loans and continue to make payments of 300 for 50 more months. Required:
If he takes this option, what is his nominal annual yield compounded monthly for the entire arrangement?

As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be: