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NEW QUESTION: 1
If you buy a computer for $950 and agree to pay for it with 24 payments of $35 with the first payment occurring next month, what is the size of the final payment needed at month 24 to completely pay off the computer? Assume the interest rate you are being charged is 16% per year, compounded monthly.
A. $207.88
B. $294.39
C. $323.18
D. $87.14
E. $0.00
Answer: C
Explanation:
Explanation/Reference:
Explanation:
This question describes a situation often called a balloon payment. On the BAII Plus, press 24 N, 16 divide
12 = I/Y, 950 PV, 35 +/- PMT, CPT FV. On the HP12C, press 24 n, 16 ENTER 12 divide i, 950 PV, 35 CHS PMT, FV. The answer is shown as a negative number. Make sure the BAII Plus has the value of P/Y set to
1.

NEW QUESTION: 2
Your company recently upgraded from Windows XP to Windows 7.
A user informs you that a legacy business application fails to run when launched from the desktop. You need to troubleshoot the application.
What should you do? (Each correct answer presents a complete solution. Choose two.)
A. Launch the application from the command line.
B. Run the application as an administrator.
C. Reinstall the application.
D. Use Compatibility Wizard.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Compatibility Mode runs the program using settings from a previous version of Windows. Try this setting if you know the program is designed for (or worked in) a specific previous version of Windows.
Alternatively, select the Run as Administrator option to run the program using administrator privileges. This will prevent any issues caused by permissions incompatibility.