What is the effective annual rate? of the mortgage

Assignment Help Financial Management

Reference no: EM131965300

1. What is the effective annual rate? (EAR) of the mortgage at 11.25 APR with quarterly ?payments?

2. Not-for-profit organizations should seek to earn a profit in order to do all of the following EXCEPT

expand their services.

provide a safety margin.

replace equipment

pay dividends to shareholders.

3. A reversal of the authorization to spend funds

overhead

devolution

zero-based budget.

recission

4. The responsibility of the financial manager in not-for-profit organizations is BEST described as

increasing organizational effectiveness

personnel decisions

providing services to the public.

setting organizational goals

Reference no: EM131965300

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