Answer:
Zach will pay $4,725 in interest on the loan.
Explanation:
In calculating interest the formula that applies is
I= P x R x T
where I = interest
P = principal amount
R = interest rate
T= time
In the case of Zach
I= $18,900 x 5/100 x 5
I = $18,900 x 0.05 x 5
I =$945 x 5
I =$4,725
Interest for the loan is $4,725
Answer:
16 points
Explanation:
Customer sold stock short for $82 per share
Then, customer sold Sept 70 at $4
If short put is then exercised, the customer is obligated to buy the shares back at $70.
Net cost of the customer is $66 per share for the stock, therefore
Customer gains = 82 sale proceeds - 66 cost basis = 16 points.
Answer: Four years
Explanation:
I just took a test over this
A certified clean county is a name given to a county in county for <span>have to employ a solid waste coordinator with enforcement powers, maintain compliance with the county solid waste plan, agree to clean up and keep clean all open solid waste dumps in the county, to use all tools available under law.</span>
Answer:
Allocated overhead= $45
Explanation:
Allocated overhead = Overhead absorption rate × hours required
Machining = 4 hours × $6= $24
Sanding = 1 × $15 = $15
Painting = 2 × $3 = $6
Overhead allocated -= $24 + $15 +$6 = $45
Allocated overhead= $45
