Compute the amount of interest on $835 at 7.5% p.a. from October 8, 2015, to August 4,
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
No of days 24 30 ...View the full answer
Answered By
Anthony Ngatia
I have three academic degrees i.e bachelors degree in Education(English & Literature),bachelors degree in business administration(entrepreneurship option),and masters degree in business administration(strategic management) in addition to a diploma in business management.I have spent much of my life in the academia where I have taught at high school,middle level colleges level and at university level.I have been an active academic essays writer since 2011 where I have worked with some of the most reputable essay companies based in Europe and in the US.I have over the years perfected my academic writing skills as a result of tackling numerous different assignments.I do not plagiarize and I maintain competitive quality in all the assignments that I handle.I am driven by strong work ethics and a firm conviction that I should "Do Unto others as I would Like them to do to me".
4.80+
76+ Reviews
152+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
According for bonds using the fair a1ue option based on the current market interest rate. Stroud Corporation issues $10,000,000 face value, 10-year, 6% semiannual coupon bonds on January 1, 2008. The...
-
Accounting for bonds using the fair value option basedd on the current market interest rate. Restin Corporation issues $20,000,000 face value, 10 year, 8% semiannual coupon bonds on January 1, 2008....
-
Accounting for long-term bonds. The notes to the financial statements of Aggarwal Corporation for 2008 reveal the following information with respect to long-term debt. All interest rates in this...
-
Given the data (a) Calculate (2.8) using Newtons interpolating polynomials of order 1 through 3. Choose the sequence of the points for your estimates to attain the best possible accuracy. (b) Utilize...
-
Describe green washing. How does it relate to effective communication?
-
Find a recent news story about a statistical study that used an experiment to determine whether some new treatment was effective. Based on the available information, briefly discuss what you can...
-
Give the general classification of rotary pumps.
-
Heathrow issues $2,000,000 of 6%, 15-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $1,728,224. Required 1. Prepare...
-
At greater than the critical angle: Part of the light reflects back into the n medium, the remainder travels along the boundary between the two mediums. The light is absorbed by the surface of the...
-
Write a short proposal on the following topic. Class survey You have been studying English for a while now. Talk to other students and your teacher about the course and prepare a short proposal on...
-
What principal will earn $55.99 interest at 9.75% p.a. from February 4, 2015, to July 6, 2015?
-
Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth...
-
A pilot performing a horizontal turn will lose consciousness if she experiences a centripetal acceleration greater than 7.00 times the acceleration of gravity. What is the minimum radius turn she can...
-
AI Rewrite this AI: The AICPA report highlights a decline in accounting graduates for the 2021-22 academic year, with decreases in both bachelor's and master's degree earners. However, enrollment...
-
Will unions survive technology?" The impact of the rapid advancement of technology on union strength and membership has been studied for several decades. More recently the impact of 4IR on unions has...
-
A firm uses job - order costing with department - level overhead rates. Department 1 : $ 4 . 4 9 per direct labor hour. Department 2 : $ 1 1 . 5 1 per batch. Job FGHI incurred the following costs....
-
Approximately 28 million people worldwide had paid subscriptions for digital music services in 2013. This was an increase from 8 million people in 2010. [3.7] Data: ifpi.org a) Graph the data and...
-
Explain how perceptions impact organizations. Connect perceptual bias with organizational behavior and explain the importance of disclosure in the organization (use the Johari Window). Describe the...
-
Graph the following equations. x = -4
-
d. The characteristic equation of a control system is given by s+2s+8s+12s+20s+16+16=0. Determine the number of the roots of the equation which lie on the imaginary axis of s-plane
-
Make a plot of the ice cream cone shown in the figure. The cone is 8 in. tall with a 4 in. diameter base. The ice cream at the top is a 4 in. diameter hemisphere. A parametric equation for the cone...
-
The vander Waals equation gives a relationship between the pressure p (atm), volume V, (L), and temperature T (K) for a real gas: p = nRT/V n2a/V2 where n is the number of moles, R = 0.08206 (L...
-
Define x as a symbolic variable and create the two symbolic expressions S1 = x2(x - 6) + 4(3x - 2) and S2 = (x + 2)2 - 8x Use symbolic operations to determine the simplest form of each of following...
-
What is the minimum quantity firms need to sell in order to start earning profit given insurance costs of $50,000, materials o per unit, and break even quantity is 1500?
-
Assume a 10% discount rate and compute the present value of Rs. 1100, Rs.900, Rs.1500 andRs.700 received at the end of 1-4 years In the above sum if the amounts are received at the beginning of the...
-
Recall that an FX rate XXXYYY = Bid/Offer gives the rate of YYY per XXX. You can buy XXX/sell YYY at the offer price and sell XXX/buy YYY at the bid price. EURUSD is trading at 1.4760/1.4763 USDJPY...
Study smarter with the SolutionInn App