Question: 6) Tim Has $100 In A Bank Account Paying 2% Interest Per Year. At The End Of 5 Years, Tim’s Bank Account Balance Will Be $110 If Interest Is Not Compounded, But Will Be Greater Than $110 If Interest Is Compounded. Select One: True False 7) The Goal Of Profit Maximization Focus On The Risk Of Financial Decisions. Select One: True False 8) One Of The …

6) Tim has $100 in a bank account paying 2% interestper year. At the end of 5 years, Tim’s bank account balance will be$110 if interest is not compounded, but will be greater than $110if interest is compounded.
Select one:
True
False

7) The goal of profit maximization focus on the riskof financial decisions.
Select one:
True
False

8) One of the Disadvantages of the Discounted pay backperiod is that it ignores cash flows occurring after the paybackperiod.
Select one:
True
False