Created numerous organizational subsystems

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1. Find the interest rates earned on each of the following. Round each answer to two decimal places.

a. You borrow $750 and promise to pay back $795 at the end of 1 year.

b. You lend $750 and the borrower promises to pay you $795 at the end of 1 year.

c. You borrow $95,000 and promise to pay back $199,961 at the end of 11 years.

d. You borrow $10,000 and promise to make payments of $2,504.60 at the end of each year for 5 years.

2. Gypsy Industries has created numerous organizational subsystems to help it stay responsive to its environment. While this flexibility has helped the company meet its customers' needs it has also created a need for _________ within the organization.

a. additional levels in the hierarchy

b. differentiation

c. centralized decision making

d. integrating mechanisms

e. additional employees

Reference no: EM131435783

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