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1. What is meant by capital account? a. The balance sheet of a business b. The equity value of a business c. A list of
1. What is meant by capital account?
a. | The balance sheet of a business | |
b. | The equity value of a business | |
c. | A list of a business's assets | |
d. | A business income statement | |
e. | I am not sure. |
2. What is the effective annual rate of 9.50 percent compounded quarterly? a. 9.19 percent b. 9.84 percent c. 9.35 percent d. 9.47 percent
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