A $2800 promissory note issued without interest for five years on September 30, 2019, is discounted on
Question:
A $2800 promissory note issued without interest for five years on September 30, 2019, is discounted on July 31, 2022, at 8% compounded quarterly. Calculate the compound discount.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Suppose you purchase an apartment building for 10 ...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
Question Posted:
Students also viewed these Mathematics questions
-
A $4300.00 promissory note issued without interest for nine years on Septermber 30, 2001, is discounted on July 31, 2006, at 8.32% compounded quarterly. Find the compound discount. O $ 1501.95 O $...
-
Wright Company leases an asset for five years on December 31, 2000. Annual lease cost of $10,000 is payable on each December 31 beginning with the year 2001. In addition to the annual lease cost, the...
-
A 90-day, $800 promissory note was issued July 31 with interest at 8%. What is the value of the note on October 20?
-
Food Enterprises is analyzing the performance of their retail business and have calculated Value At Risk at $17,350,000 under the statistical method at a 95% confidence level, and a mean of $898,000....
-
Describe what you would expect to find in a risk characterization.
-
The power brick for the authors laptop computer has a power rating of 45 W. It uses a step-down transformer to convert the AC voltage from a wall socket (V rms = 120 V) to a value near 12 V. (a) What...
-
A 100 c.c. I.C. engine means that its (a) swept volume is 100 c.c. (b) clearance volume is 100 c.c. (c) clearance + swept volume is 100 c.c. (d) swept clearance volume is 100 c.c.
-
The Farmington City Council recently commissioned a study of park users in their community. Data were collected on the age of the person surveyed and the amount of hours he or she spent in the park...
-
Explain the difference between the Energy law of Thermodynamics and Bernouli's Law in phase 1 and 2 flow. and also explain the flow that uses the above formula. draw the flow and formula, give an...
-
1. How does Disney fulfill its responsibility to the general public? 2. Which organization benefits more from the Give a Day, Get a Disney Day program Disney or HandsOn? Explain your answer. Pink...
-
Harpreets parents deposited a lump sum of money into a savings account for him on his tenth birthday at an interest rate of 5% compounded semi-annually. Three years later, they opened a new account...
-
Ted deposited $1750 in an RRSP on March 1, 2018, at 3% compounded quarterly. Subsequently, the interest rate was changed to 4% compounded monthly on September 1, 2020, and to 4.5% compounded...
-
Indicate where the following items would ordinarily appear on the financial statements of Boleyn, plc for the year 2019. a. The service life of certain equipment was changed from 8 to 5 years. If a...
-
Write a program in opengl capable of doing the following. 1. Create a Window named "Test" of size 480 x 640. 2. Draw a Cube in the window. The cube should be smaller than the size of the window. 3....
-
You are asked to implement Chutes and ladder game, but with specific rules. You MUST use functions to implement your code. Game rules: 1- We will use two dices, each will be generated randomly (1-6...
-
Question: Christian Volhard works as a financial analyst for Tooele Company, which operates a large chain of fast-food restaurants. One of the key costs of the fast-food restaurants is the cost of...
-
John Doe Company manufactures a product for which materials are added at the beginning of the manufacturing process. A review of the company's inventory and cost records for the most recently...
-
The Jackson Independent School District began the year with the following accounts on its Balance Sheet related to property taxes ( all amounts are in thousands of dollars ) . All accounts have...
-
Refer to Apple's financial statements in Appendix A to answer the following. 1. Identify the items, if any, that make up Apple's long-term debt as reported on its balance sheet at September 26, 2015....
-
In the series connection below, what are the respective power consumptions of R, R2, and R3? R R www 4 V=6V P1-3 W; P2=3W; and P3= 3 W OP10.5 W; P2-1 W; and P3= 1.5 W P1=1.5 W; P2=1 W; and P3= 0.5 W...
-
A seven-month note dated November 1, 2019, earning interest at 7.5%, has a maturity value of $6000. Find the face value of the note.
-
A 95-day, 5.81% note for $3600 is issued October 28, 2017. If money is worth 6.27%, find the present value on November 30, 2017.
-
Find the present value of a 180-day non-interest-bearing note for $7200 issued February 20, 2020, if money is worth 5.64%, on June 1, 2020.
-
This number is the "federal adjusted gross income" according to the line title. What do we call this process of starting our state return with a number from the federal return?
-
What is the main reason for a franchisee to have a contingency fund?
-
Kalan purchased four new tires at Walmart for $1,000 using there "no payments for 12 months plan." About a year later, before Kalan had made any payments, the tires were not performing as well as...
Study smarter with the SolutionInn App