Find the interest and maturity value for the loan. Round to the nearest cent. $10,389 at...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Find the interest and maturity value for the loan. Round to the nearest cent. $10,389 at 9.2% for 8 months O $557.54; $10,946.54 $716.84; $11,105.84 $642.55; $11,031.55 $637.19; $11,026.19 Find the average inventory. Inventory amount at Retail Date February 28 $72,615 April 30 $87,980 August 31 $61,161 December 31 $60,068 O $70,456.00 O $56,364.80 $281,824.00 $61,161.00 Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Oak Gallery had a clearance sale during which it sold an oak coffee table for $250. If the cost was $154 and the operating expenses were 25% of cost, find the amount of profit or loss. $24.00 loss $57.50 loss $57.50 profit O $24.00 profit Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Jewelry Store priced its entire stock of sterling silver at $1234. The original price was $2364. Find the percent of markdown on the original price. 92% 48% 192% 52% | Find the interest and maturity value for the loan. Round to the nearest cent. $10,389 at 9.2% for 8 months O $557.54; $10,946.54 $716.84; $11,105.84 $642.55; $11,031.55 $637.19; $11,026.19 Find the average inventory. Inventory amount at Retail Date February 28 $72,615 April 30 $87,980 August 31 $61,161 December 31 $60,068 O $70,456.00 O $56,364.80 $281,824.00 $61,161.00 Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Oak Gallery had a clearance sale during which it sold an oak coffee table for $250. If the cost was $154 and the operating expenses were 25% of cost, find the amount of profit or loss. $24.00 loss $57.50 loss $57.50 profit O $24.00 profit Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Jewelry Store priced its entire stock of sterling silver at $1234. The original price was $2364. Find the percent of markdown on the original price. 92% 48% 192% 52% | Find the interest and maturity value for the loan. Round to the nearest cent. $10,389 at 9.2% for 8 months O $557.54; $10,946.54 $716.84; $11,105.84 $642.55; $11,031.55 $637.19; $11,026.19 Find the average inventory. Inventory amount at Retail Date February 28 $72,615 April 30 $87,980 August 31 $61,161 December 31 $60,068 O $70,456.00 O $56,364.80 $281,824.00 $61,161.00 Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Oak Gallery had a clearance sale during which it sold an oak coffee table for $250. If the cost was $154 and the operating expenses were 25% of cost, find the amount of profit or loss. $24.00 loss $57.50 loss $57.50 profit O $24.00 profit Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Jewelry Store priced its entire stock of sterling silver at $1234. The original price was $2364. Find the percent of markdown on the original price. 92% 48% 192% 52% | Find the interest and maturity value for the loan. Round to the nearest cent. $10,389 at 9.2% for 8 months O $557.54; $10,946.54 $716.84; $11,105.84 $642.55; $11,031.55 $637.19; $11,026.19 Find the average inventory. Inventory amount at Retail Date February 28 $72,615 April 30 $87,980 August 31 $61,161 December 31 $60,068 O $70,456.00 O $56,364.80 $281,824.00 $61,161.00 Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Oak Gallery had a clearance sale during which it sold an oak coffee table for $250. If the cost was $154 and the operating expenses were 25% of cost, find the amount of profit or loss. $24.00 loss $57.50 loss $57.50 profit O $24.00 profit Solve the problem. Round rates to the nearest whole percent and dollar amounts to the nearest cent. The Jewelry Store priced its entire stock of sterling silver at $1234. The original price was $2364. Find the percent of markdown on the original price. 92% 48% 192% 52% |
Expert Answer:
Answer rating: 100% (QA)
Calculation of the interest and maturity as follows The interest should be Principal rate of interes... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Solve the problem. Round to the nearest cent or tenth of a percent. Reduced price = $22.21; markdown rate = 35%. Find the original price and the markdown amount. A. Original price = $14.44 Markdown...
-
Round each monetary amount to the nearest cent or dollar as indicated. 1. $14,769.52, to the nearest dollar 2. $0.7633, to the nearest cent
-
A freezer was sold during a clearance sale for $387.50. If the freezer was sold at a discount of 16 23%, what was the list price?
-
The national mean annual salary for a school administrator is $90,000 a year. A school official took a sample of 25 school administrators in the state of Ohio to learn about salaries in that state to...
-
Why is the world economy becoming more integrated? What are the implications of this integration for international managers?
-
Some say that changing to a team-based arrangement "just makes sense" for organizations. What are the four primary reasons why this might be so? - Describe at least three points in the...
-
The relation between the Celsius scale and the Fahrenheit scale is (a) \(T\left({ }^{\circ} \mathrm{F} ight)-1.8 T\left({ }^{\circ} \mathrm{C} ight)=32\) (b) \(T\left({ }^{\circ} \mathrm{F} ight)=1.8...
-
Suppose the Baseball Hall of Fame in Cooperstown, New York, has approached Hobby-Cardz with a special order. The Hall of Fame wishes to purchase 57,000 baseball card packs for a special promotional...
-
BEIJINGChina's better-than-expected trade figures in December have sparked questions over whether trade flows have been inflated by investors evading capital controls and the extent of incentives...
-
In 2019, Andes Corporation purchases $1.5 mil-lion of machinery (7-year property) and places it into service in its business. What are Andes' depreciation deductions for 2019 and 2020 in each of the...
-
A particularly difficult issue with revenue recognition occurs when multiple "elements" are essentially sold to the customer in one transaction (in accounting lingo this is sometimes referred to as...
-
Brett Arends, a columnist for the Wall Street Journal, argues: Today you should probably view [financial firms selling investments] the way you view someone selling a used car. How should you view...
-
Suppose that you have $1,000 to invest in the bond market on January 1, 2014. You could buy a one-year bond with an interest rate of 4%, a two-year bond with an interest rate of 5%, a three-year bond...
-
An article in the Economist magazine on crowd-funding argued: Start-ups are especially needy now, since many banks are loth to lend even to well-established companies. a. Why might banks be reluctant...
-
An article in the Wall Street Journal notes that investors tend to view [preferred stock] more like bonds than like [common] stock. a. In what sense is preferred stock more like bonds than like...
-
An article in the Economist magazine observes: Insurance companies often suspect the only people who buy insurance are the ones most likely to collect. a. What do economists call the problem being...
-
Make a class ComputerTrainer that is a subclass of PokemonTrainer. It should do everything PokemonTrainer does, except this class will be able to populate itself with randomly generated Pokemon, and...
-
For a Poisson process of rate , the Bernoulli arrival approximation assumes that in any very small interval of length , there is either 0 arrivals with probability 1- or 1 arrival with probability ....
-
Find the unknown length in each given right triangle. If necessary, round to the nearest tenth. 1. leg = 66, leg = 56 2. leg = 12, hypotenuse = 24
-
Three of the given calculator answers below are incorrect. Find them by estimating each sum. 1. 522 + 785 1307 2. 542 + 789 + 198 2139 3. 5233 + 4988 9011
-
Choose the figure that has the greater distance round. 1. a. A circle with diameter 7 inches b. A square with side length 7 inches 2. a. Find the circumference of each circle. Approximate the...
-
A population has mean = 25 and standard deviation = 4. a. Find the z-score for a population value of 16. b. Find the z-score for a population value of 31. c. What number has a z-score of 2.5?
-
For the data set 37 82 20 25 31 10 41 44 4 36 68 a. Find the first and third quartiles. b. Find the IQR. c. Find the upper and lower outlier boundaries. d. List all the values, if any, that are...
-
A sociologist samples five families in a certain town and records their annual income. The incomes are $34,000, $57,000, $13,000, $1,200,000, and $62,000. In Exercises 19 and 20, identify the...
Study smarter with the SolutionInn App