Bill Buyer is assuming the loan of the seller, Sam Seller. Interest on the loan is being paid in arrears. The loan amount is $100,000 with an interest rate of 6%. The closing is occurring on March 15 with the next loan payment due April 1. Use the 365 days method and the Seller owns the day of closing. How would the interest proration appear on the worksheet?

A- $500 should be debited to the seller and credited to the buyer.

B- $500 should be debited to the buyer and credited to the seller.

C- $241.94 should be debited to the seller and credited to the buyer.

D- $241.94 should be credited to the buyer and debited to the broker.

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?