John invests 2000 at time 0 in a fund earning 8% convertible quarterly, but payable annually. He reinvests each interest payment in in- dividual separate funds each earning 9% convertible quarterly, but payable annually. The interest payments from the separate funds are accumulated in a side fund that guarantees an annual effective rate of 7%. Determine the total value of all funds at time 10 .

The owners of spokes bicycle shop worry that cash flow this winter may be insufficient to meet the current operating expenses. while they anticipate a surplus of cash inflow as warm weather approaches, they need funds now to meet the company's immediate obligations. the owners can best resolve cash flow concerns by obtaining financing.

Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership.a. autocraticb. free-reinc. contingentd. participative

How do communism and socialism differ in terms of the role that government plays in the economy ?