Question: A $30,000, three-month, 7% note payable was issued on December 1, 2015. What is the amount of accrued interest on December 31, 2015? $175 $275
A $30,000, three-month, 7% note payable was issued on December 1, 2015. What is the amount of accrued interest on December 31, 2015?
$175
$275
$133
$267
Rocco earns $14.50 per hour with time-and-a-half for hours in excess of 40 per week. He worked 43 hours at his job during the first week of March, 2015. Rocco pays income taxes at 15% and 7.65% for OASDI and Medicare. All of his income is taxable under FICA. Determine Rocco's net pay for the week.
$499.10
$548.46
$446.75
$483.21
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