On March 1, the Zwick Balloon Company signed a $6500 note with simple interest of for 180
Question:
On March 1, the Zwick Balloon Company signed a $6500 note with simple interest of for 180 days. The company made payments of $1750 on May 1 and $2350 on July 1. How much will the company owe on the date of maturity?
Transcribed Image Text:
10, %
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
0301 to 0501 121 60 61 days 6500010561360 11565 175000 11565 163...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Question Posted:
Students also viewed these Mathematics questions
-
On April 3, the Mears Flag Company borrowed $15,000 to pay for start-up costs for its new showroom. The loan had a simple interest rate of 8.25% and was for 270 days. The company was able to make...
-
The Bankers rule considers a year to have 360 instead of 365 days. This exercise highlights the advantage the Bankers rule provides to banks and other lenders. Professor Acks obtains a bank loan to...
-
Use the sinking fund formula to determine the payment needed to reach the accumulated amount. To ensure that enough is invested each period, round each answer up to the next cent. Quarterly payments...
-
Implement and maintain internal control procedures This task will require you to roleplay a meeting with your supervisor, Chris Kohler. You will discuss the reporting requirements and timetables...
-
How does a company determine if a deferred tax asset or liability should be classified as current or noncurrent on its balance sheet?
-
Refer to the International Conference on Social Robotics (Vol. 6414, 2010) study on the current trend in the design of social robots, Exercise 2.78. Recall that in a random sample of social robots...
-
What four components comprise the IT security defense-in-depth model?
-
Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $1500. For the next 5 years, he expects his salary to increase at an 8% annual rate, and he plans to...
-
Discuss how each step in the sales process relates to the AIDA (attention, interest, desire, action) ?
-
Bull Creek flows through and completely penetrates a confined aquifer 10 ft thick, as shown in Fig. P8.9. The flow is-reduced in the stream by 16 cfs between two gaging stations located 4 miles apart...
-
A partial payment is made on the date(s) indicated. Use the United States rule to determine the balance due on the note at the date of maturity. The Effective Date is the date the note was written....
-
The U.S. government borrows money by selling Treasury bills. Treasury bills are discounted notes issued by the U.S. government. On November 14, 2014, Kris purchased a 364-day, $1000 U.S. Treasury...
-
Americans consume an average of 121 gallons of water per year. What is this average in cups per day? Round your result to the second decimal place. Table 10 Equivalent Units Length nch-2.54...
-
Read the article and pay attention to the charts and graphs. https://www.visualcapitalist.com/cp/how-americans-spend-their-money-2022/ What stands out to you? Do you think this is an accurate...
-
Go to the internet and find anewsarticlepublishedwithin the last monththat discusses changes in demand and supply of particular goods or services, summarize key points. use specific economic...
-
A couple of you have already used the term 'nationalization', but it is an issue of such importance as to warrant us zeroing in on it as a group to shine a light on the risk. Nationalization is a...
-
With proper citation, write based on opportunity cost, demand and supply, elasticity, cost minimization, and profit maximization why Walmart is seeing increased sales for tops, but not bottoms during...
-
Look for an ad to introduce a business and to establish a brand. For this create an ad for product or service after identifying which approach to use. You know that attitude consists of three parts:...
-
A researcher is testing the null hypothesis that = 35. She is doing a two-tailed test, has set alpha at .05, and has 121 cases in her sample. What is beta?
-
Listed below are common types of current liabilities, contingencies, and commitments: a. Accounts payable b. Bank loans and commercial paper c. Notes payable d. Dividends payable e. Sales and excise...
-
If X = 75.45, Y = 12.96, and Y = 13.43, what is the residual score?
-
Here is a regression equation: Y = 1.10X + 115. If X values can range from 70 to 130, draw the regression line.
-
Here is a regression equation: Y = 2.50X 12.50. If X values can range from 30 to 70, draw the regression line.
-
Car A and car B travel in the same direction along a straight section of the interstate highway. For the entire interval shown on the velocity-versus-time graph (see figure below), car A is ahead of...
-
A novice golfer on the green takes three strokes to sink the ball. The successive displacements of the ball are d = 4.02 m to the north, d = 2.10 m northeast, and d3 = 1.18 m at 30.0 west of south
-
A point particle with charge q = = -200 nC and mass m = 3.0 106 g is released from rest at the midpoint of a parallel-plate capacitor. The capacitor has plate separation d 3.0 mm. The negative...
Study smarter with the SolutionInn App