The decisions concerning an organization's goals and future plans are called

The decisions concerning an organization's goals and future plans are called
a. financial decisions. b. tactical decisions.
c. strategic decisions. d. operational decisions.

Q. 2

Find the sinking fund payment you would need to make at the end of each year, at 5 interest compounded annually, to amount to 8,000 in 2 years. (Use the appropriate formula)
A) 2,719.86
B) 1,537.27
C) 2,128.56
D) 3,902.44

Q. 3

What sinking fund payment would you need to make at the END of each three months, at 12 interest compounded quarterly, to amount to 3,500 in 4 years? (Use Table 12-1 from your text)
A) 232.93
B) 732.32
C) 481.05
D) 173.64

Q. 4

Dempsey Electric wishes to pay off a debt of 28,000 in 3 years. What amortization payment would they need to make every month, at 12 interest compounded monthly? (Use Table 12-2 from your text)
A) 625.00
B) 844.12
C) 930.00
D) 706.10

Q. 5

Use the appropriate formula to find how much you should deposit now at 9 interest, compounded annually, to yield an annuity payment of 1,200 at the BEGINNING of each year, for 18 years.
A) 10,252.36
B) 7,870.92
C) 7,486.12
D) 11,452.36

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The decisions concerning an organization's goals and future plans are called

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