Mr. Rogers borrowed $899,000 from you 4 years ago Assuming you charge 4% interest per year how

Fantastic news! We've Found the answer you've been seeking!

Question:

Mr. Rogers borrowed $899,000 from you 4 years ago Assuming you charge 4% interest per year how much will Mr. Rogers need to pay you back today the due date of the loan?

Related Book For answer-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

See More Books

Posted Date: Jan 04, 2021 01:56 PM

See More Questions

Your sister-in-law borrowed $5,000 from you 4 years ago and then disappeared. Yesterday she returned and expressed her desire to pay back the loan, including the interest accrued. Assuming that you...
Find the due date of a loan that is made on February 10 of a leap year and is due in 60 days.
How much would you be willing to pay today for an investment that will return $ 6,800 to you eight years from today if your required rate of return is 12 percent?
Discuss the differences between @classmethod , @staticmethod , and instance methods in Python.
Jackson et al. (1987) compared the precision of systematic and stratified sampling for estimating the average concentration of lead and copper in the soil. The 1-km2 area was divided into 100-m...
For the Picnics R Us problem in Chapters 4 (exercises R, S, and T) and 5 (exercises V and W): 1. Choose one use case and, for each scenario, create a sequence diagram. 2. Create a communication...
Five tests are performed, and the P-values are 0.02, 0.11, 0.23, 0.38, and 0.45. Use the Bonferroni adjustment to adjust the P-value of 0.02.
The company paid $500,000 to purchase the following: a building with an appraised value of $200,000, an operating permit valued at $100,000, and ongoing research and development projects valued at...
Restore Company manufactures jeans. In June, Restore made 500 pairs of jeans, but had budgeted production at 800 pairs of jeans. The allocation base for overhead costs is direct labor hours. The...
The eight members of the Model United Nations team from Pima Community College are lining up for a photo. a) How many different ways can the eight team members line up? b) What is the probability...
Dorothy is 67 years old and lives alone with her Maltese Terrier named Fred. Her breakfast consists of mainly toast and tea. She has usually has a tomato sandwich with a spinach salad for lunch. For...
Divide. 36 x6 16vx - 18vx 25 2vx Simplify your answer as much as possible.
What is defined as a purchase that is made on a nonrecurring or limited basis with little or no attention of developed an ongoing relationship with the supplier?
when conducting a workplace investigation into alleged discrimination, what are important points to remember?
The project assignment provides a forum for analyzing and evaluating relevant topics for this unit on the basis of the course competencies covered. Introduction: The Occupational Safety and Health...
Determine the magnitude of the resultant of the parallel force system shown. Locate the resultant with respect to support point A. 1kN A 1m 3kN 2kN 2kN 1m ' 1m 1m 1kN B
Find f(g(x)) and g(f(x)) and determine whether the pair of functions f and g are inverses of each other. x+8 f(x)=8x-5 and g(x)=5 a. f(g(x)) = (Simplify your answer. Use integers or fractions for any...
Sportique Boutique reported the following financial data for 2012 and 2011. Instructions(a) Calculate the current ratio for Sportique Boutique for 2012 and 2011.(b) Suppose that at the end of 2012,...
Find the depreciation for each of the final two years for properly purchased for $113,984 and placed in service under the MACRS as a 15-year property.
Use Figures 10-4 and 10-5 to find the amount of federal income tax to be withheld from Joey Surrette's gross biweekly earnings of $2,555 if Joey is married and claims 3 withholding allowances.
Net income for Hershey Foods for the third quarter is $143,600.000 or $1.09 a share. This is compared with net income of $123,100,000 or $0.89 a share for the same quarter a year ago. What was the...
A scientist wants to determine whether people who live in places with high levels of air pollution get more colds than people in areas with little air pollution. Do you think it is possible to design...
Draw a simple random sample of eight animals from the list of 40 animals in the table. Exercises 2124 refer to the population of animals in the following table. The population is divided into four...
In the 1936 presidential election, Republican candidate Alf Landon challenged President Franklin Roosevelt. The Literary Digest magazine conducted a poll in which they mailed questionnaires to more...

Mr. Rogers borrowed $899,000 from you 4 years ago Assuming you charge 4% interest per year how

Question:

Expert Answer:

Mr Rogers will need to pay you back today the due date of the loan an ... View the full answer

Business Math

Students also viewed these accounting questions