On September 1, 2001, OGR Company issued a note payable to National Bank in the amount of
$ 225,000, bearing interest at 12% per annum, and payable in 3 equal annual principal payments of
$ 75,000, plus interest. The first payment for interest and principal was made on September 1, 2002. What amount of accrued interest payable should OGR record at December 31, 2002?

Branded pharmaceuticals industry is a(n) ______ industry.

Countries A and B have the same monetary base and reserve requirement. People in A tend to hold more currency than people in B.
The money supply will be:

Suppose the probability that oil prices will rise any given quarter is 0.51, and the probability that oil prices will stay level or decline is 0.49. If oil prices rise, GNP will contract by 1% with 80% probability, and expand by 0.5% with 20% probability. If oil prices decline or stay level, GNP will expand 3% with a 75% probability and contract 0.5% with a 25% probability. What is the expected change in GNP in the next quarter?

A 95% confidence interval for a population parameter signifies which of the following?
I). 95% of similarly constructed intervals will contain the population parameter.
II). For a given sample size, 95% of the samples that have the sample statistic for the population parameter lie within the specified confidence interval around the actual population parameter.
III). The confidence interval will correctly estimate the population parameter with a probability of 95%