Cognitive behavioral theorists suggests that “addictive thinking”contribute to the development of substance use disorders.

In a ________, a firm gives another firm the right to produce and market its product in a specific country or region in return for royalties on goods sold.

Oligopolies most often exist in industries that require little investment in equipment, technology, or materials to produce a product.

The only member countries of the North American Free Trade Agreement (NAFTA) are the United States, Canada, and Mexico.

Trusted Wholesalers is a company that purchases products produced in Mexico and sells them to companies based in the United States and Canada. Management at Trusted Wholesalers would most likely be interested in becoming experts in the agreements made by ________.

Your best friend has asked you how much she can accumulate in her retirement account if she continues to invest $400 per month for the next 40 years.  She tells you to use a 12% rate of return.  She wants you to include the $50,000 she already has in the account.  How much will she accumulate?  

You have been offered the “opportunity” to finance a business for your brother-in-law.  He has promised you the following annual payments: CF 1 = 5000 CF 2 = 5000 CF 3 = 7000 CF 4 = 8000 CF 5 = 9000 Your required rate of return is 13%.  What is the most you can pay for the investment and still earn your required rate of return?

You are borrowing $500,000 to purchase a commercial building.  The interest rate is 5% and the loan will be over ten years with monthly payments.  There is a $5,000 origination fee you will have to pay at the closing of the loan.  What is the APR (true cost of financing) of the loan?  Enter your answer in decimal format using for decimal places.  For example, 3.25% would be entered as .0325.

You are purchasing a house for $225,000 and making a down payment of $25,000.  You will finance the loan over 15 years with monthly payments at an interest rate of 4.5%.  What is your monthly payment?

Your best friend has asked you how much she can accumulate in her retirement account if she continues to invest $400 per month for the next 40 years.  She tells you to use a 12% rate of return.  She wants you to include the $30,000 she already has in the account.  How much will she accumulate?