Assume a nominal rate of 6.0% and that interest is compounded daily. Assuming a 365 day year, compute the Effective Annual Rate. State as a percentage, but leave off the percent character and round to the nearest basis point. Hence 5.4321% would be written as 5.43 in order to get marked correct.

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

Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.