You are trying to decide whether to pay a housekeeper $100 or do the work yourself. It would be rational to hire a housekeeper if Choose one: A. the opportunity cost of doing it yourself is more than $100. B. the last time you cleaned your house, you saved the money and did it yourself. C. the housekeeper can do it more quickly than you can. D. you worked some extra hours last month and your paycheck was $100 larger than usual.

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%

Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.

Which of the statements is true about the values recorded in the balance sheet of a firm?