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A bank charges a 4% quarterly interest rate on a personal loan of $10,000

What is the effective annual amount of interest that the borrower pays on this loan? Give your answer to the nearest whole dollar.

The following table reports are for five hotels belonging to the same hotel chain, the rank in terms of sales performance (with 1 - best average score obtained in customer reviews, and the rank in terms of average score from customer reviews (with 1 = best average ..

Calculate the Spearman's rank correlation coefficient to one decimal place:

An estimation regression is developed to test the linear relationship between the size of student population at a university and monthly sales of a nearby bookshop The correlation coefficient is equal to 0.9.

Based on the past twenty months, an event decorating company develops a trend equation for forecasting sales revenue (y) where y = 4.38 + 1.32x.

If month 21 has a seasonal factor of times 1.07, then what is the forecast for the month, using a multiplicative model? Give your answer to two decima places.

Which of the following is correct in regards to organisations?

Organisations achieve more than individuals can achieve on their own because they enable people to

(1) share skills and knowledge

(2) maximise individuals' interests.

(3) specialise

(4) pool resources

A.

(1), (2)and(3)

B.

(2), (3) and (4)

C.

(1),(2)and(4)

D.

(1), (3) and (4)

Which of the following statements defines a diseconomy of scale?

A.

A reduction in the unit average cost caused by increasing the scale of production in the long run.

B.

An increase in the unit average cost caused by increasing the scale of production in the long run

C.

An increase in the unit average cost caused by decreasing the scale of production in the long run.

D.

A reduction in the unit average cost caused by decreasing the scale of production in the long run.

An investor has bought a financial asset that pays a variable interest rate at the end of a three-year period At the same time, the invest forward rate agreement (FRA) on an agreed forward rate of 3% at the asset's maturity. What is the advantage of the FRA?

A.

If the market interest rate at the asset's maturity is lower than 3%. the bank will pay the investor for the difference in rates

B.

If the market interest rate at the asset's maturity is lower than 3%. the asset's maturity will be extended for another year

C.

If the market interest rate at the asset's maturity is higher than 3%, the investor will have the option to drop the FRA upon payment

D.

If the market interest rate at the asset's maturity is higher than 3%, the investor will be able to receive the higher market rate

A national study ranks the reputation of the top four internet companies and the likelihood of investors buying their shares on the follow the highest ranking and four the lowest.

Calculate the Spearman's rank correlation coefficient between reputation and probable purchase

Which of the following is an external stakeholder of an organisation?

A.

Environmental pressure group

B.

Supplier of goods

C.

Customer

D.

Employee

Which of the following will NOT cause an increase in the demand for public transport in City L?

A.

A change in consumer preferences favoring transportation that reduces carbon emissions

B.

An increase in the price of car insurance

C.

A drop in the price of City L cab rides

D.

An increase in the population of City L.