If XYZ Issued a 60 Day Promissory Note for $40

question 26

Multiple Choice

If XYZ issued a 60 day promissory note for $40 000 at an agreed interest rate of 7% per annum,the amount of interest payable,to the nearest $,is:

• A)$2 800
• B)$1 400
• C)$460
• D)Cannot be calculated without more information

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Definitions:

Semantic Scales

A type of survey rating scale that uses words rather than numbers to identify the distance between points on the scale, often used in measuring attitudes or perceptions.

Perceptual Maps

A visual representation used in marketing to display customers' perceptions of a brand or product in comparison to its competitors on various attributes.

Customer Value Maps

A visual or graphical representation of the value that customers derive from a product or service compared to its competitors.

Position Statements

A brief description that communicates the unique value of a product or service to its target market.