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  2. Westin Hotels & Resorts - Wikipedia

    en.wikipedia.org/wiki/Westin_Hotels_&_Resorts

    Westin was the first hotel chain to introduce guest credit cards (in 1946), 24-hour room service (1969), and personal voice mail in each room (1991). [20] In 1999, Westin began selling the Heavenly Bed mattresses featured in Westin properties, and manufactured by Simmons Bedding Company, to the general public.

  3. Simmons Bedding Company - Wikipedia

    en.wikipedia.org/wiki/Simmons_Bedding_Company

    In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. [3] As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [4] On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy. [5]

  4. Equivalent annual cost - Wikipedia

    en.wikipedia.org/wiki/Equivalent_annual_cost

    where r is the annual interest rate and t is the number of years. Alternatively, EAC can be obtained by multiplying the NPV of the project by the "loan repayment factor". EAC is often used as a decision-making tool in capital budgeting when comparing investment projects of unequal lifespans. However, the projects being compared must have equal ...

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  6. Effective interest rate - Wikipedia

    en.wikipedia.org/wiki/Effective_interest_rate

    The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year. [1] It is the compound interest payable annually in arrears, based on the nominal interest rate ...

  7. Serta (company) - Wikipedia

    en.wikipedia.org/wiki/Serta_(company)

    The American company Serta International is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [3] Other licensees include Serta Dormae in Texas, Serta Restokraft in Michigan, and Salt Lake Mattress in Utah. [4] [5] [6] In August 2018, Serta Simmons Bedding, LLC announced a merger with online retailer Tuft ...

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