The occupational safety and health act (osha) mandated that first-aid kits be available in business establishments employing more than three people. a newly formed company was successful in developing first-aid kits that allowed companies to comply with the standards of the act. this is an example of: select one: a. distribution channels as an excellent source for new ideas. b. existing products and services as a source for new ideas. c. potential consumers as a source for new ideas. d. government regulations as a source for new product ideas.

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.