What is the annual difference in expense (accounting cost) if Horizon Insurance outsources to G-Art? Do not consider the gain or loss from the sale of special materials or equipment in this calculation. It might be helpful to use the worksheet provided in the case.

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.