Jayhawks makes a 35000, 90 days 8.5% cash Lon to John company. What would be the interest

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

Question:

Jayhawks makes a 35000, 90 days 8.5% cash Lon to John company. What would be the interest maturity?

Related Book For answer-question

Intermediate Financial Management

ISBN: 978-1111530266

11th edition

Authors: Eugene F. Brigham, Phillip R. Daves

See More Books

Posted Date: Apr 30, 2024 08:09 AM

See More Questions

LLLis a company that sells modern equipment. To purchase a new equipment for your company from LLL, you as a financial manager have narrowed down two equipment models which meet your performance...
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
Rich Jackson, a recent finance graduate, is planning to go into the wholesale building supply business with his brother, Jim, who majored in building construction. The firm would sell primarily to...
CASE STUDY. Case Study Chapters 1 and 2. Please post both case studies in Assignment Drop Box as one MS Word apa formate document. Note: See template provided for case study papers. Chapter 1 - Listo...
How much time a person will devote to producing and stealing depends on the ratio of marginal benefits to marginal costs of each activity. Give a numerical example to illustrate this point.
f(x) = 2x + 3 and h(x) = -3x - 12. Find the compositions of the given functions. Which pairs of functions commute?
Ronald Ondeyko, CPA, is considering the LaSalle Company's internal controls over investments, long-term debt, and capital stock. System documentation was accomplished with a questionnaire and a...
Data related to the expected sales of kayaks and canoes for River Sports Inc. for the current year, which is typical of recent years, are as follows: The estimated fixed costs for the current year...
Discuss why it is important to have clear boundaries in HRM. Discuss how responsibilities should be distributed among local, regional, and global HR units. Explain how HRM responsibilities should be...
Susan invested a total of $14,500 in three different accounts. The first account pays 3% interest, the second account pays 6% interest and the third account pays 7% interest, all compounded yearly....
Distributed computing is for Saved 1 ) Resource sharing 2 ) Computing speed 3 ) Resource sharing and Fault - tolerance 4 ) Fault - tolerance
Describe a Distributed Computing Project you know of.
The following reaction was set-up as follows: R-OH HBr R-Br Where R-OH could be one of the following possible compounds 1-4
1. Create a new database named YourName.accdb. 2. Create a table named Employees. 3. Inspect the data.csv 4. Import the data.csv file into the Employees table. 5. Set the Employee_ID field as the...
You will use the annual reports to create financial statements. These statements will become the reference statements for your case. Annual reports for JNJ can be found on the companys website and...
If there is an unrealized holding gain on available-for-sale investments, it is reported as?
Let (X. A. p) be a measure space. Show that for any A,B A, we have the equality: (AUB)+(An B) = (A) + (B).
The following time-series plot and bar graph both present the sales of digital music for the years 20122015. Which of the graphs presents the more accurate picture? Why? Million $ 5000 4800- 5000...
The Dow Jones Industrial Average reached its lowest point in recent history on October 9, 2008, when it closed at $8,579. Eight years later, on October 10, 2016, the average had risen to $18,329.04....
In 2007, U.S. residents saved approximately $310 billion. In 2015, that amount was $784 billion, about two-and-a-half times greater. Which of the following graphs compares these totals more...

Jayhawks makes a 35000, 90 days 8.5% cash Lon to John company. What would be the interest

Question:

Expert Answer:

The interest earned by Lon company on the loan to John c... View the full answer

Intermediate Financial Management

Students also viewed these finance questions