In a documentary collection transaction, the responsibilities of the presenting bank in the importing country generally stop at notifying the importer that the documents have arrived and at requesting that the importer endorse the draft or pay before releasing the documents. a. TRUE. b. FALSE.

The “rule of 72” is used to approximate the time required for prices to double due to inflation. if the inflation rate is r%, then the rule of 72 estimates that prices will double in 72/r years. for instance, at an inflation rate of 6%, prices double in about 72/6 or 12 years. write a program to test the accuracy of this rule. for each interest rate from 1% to 20%, the program should display the rounded value of 72/r and the actual number of years required for prices to double at an r% inflation rate. (assume prices increase at the end of each year.)

What percentage of companies is projected to use social media to locate new employees in 2012

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