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Katen [24]
2 years ago
12

Calculate the simple interest and maturity vale. (do not round intermediate calculations. Round your answers to the nearest cent

). principal $20,000 interest rate 6 3/4% time 9 months what is the simple interest? and what is the maturity value ?
Business
1 answer:
Nataliya [291]2 years ago
4 0

The simple interest given the principal, time and interest rate is $1012.50.

The maturity value is $21,012.50.

<h3>What is the simple interest?</h3>

An amount earns simple interest only if the principal increases in value when interest is paid and not both the principal and the interest already accrued.

Simple interest = principal x time x interest rate

$20,000 x 9/12 x 0.0675 = $1012.50

Maturity value = $1012.50 + $20,000 = $21,012.50

To learn more about interest, please check: brainly.com/question/26164549

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With _____, the emphasis is on helping the buyer realize the synergy of carrying all associated products of the same brand or ma
AlekseyPX
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3 years ago
The effects of paying a dividend on the basic accounting equation are to a. decrease assets and decrease stockholders' equity. b
Maslowich

Answer:

The corret answer is b. decrease assets and decrease liabilities.

Explanation:

First entry

Earnings Accrued (- Net Equity)

to various creditors (+ Liabilities)

Since the minutes of the assembly must indicate that they are taken from the profits of previous years, the accumulated profits are reduced.

Second entry

Miscellaneous creditors (- Liabilities)

to Banks (- Active)

The first entry represents transfer from one liability to another liability. Although we think that capital accounts are not liabilities, it is not true, given that the value of debt to shareholders of the value of your company, so we can group everything in the same bag.

When decreeing dividends, what is done is to cover a small part of that company value. That is, when dividends are decreed, they become part of a formalized liability.

The second entry is the cancellation of the liability, through one of the ways to extinguish the obligations: payment.

8 0
3 years ago
Please help! :)
Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0
3 years ago
HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
lawyer [7]
No, its okay not to use all that extra stuff, so F
6 0
4 years ago
Read 2 more answers
The net present value (NPV) method estimates how much a potential project will contribute to
Alex777 [14]

This answer requires that we fill in the blanks. The answers are contained in the bullet to fill the missing places

  • shareholder wealth
  • larger the NPV
  • higher stock price.
  • WACC
  • accept the project.
  • higher positive NPV.

<h3>What is the NPV?</h3>

This is the term that is used to refer to the net present value. This is the value that is calculated as the difference between the cash inflows and out flows for over a time period.

In order to get the NPV we have to make the following calculations for the projects A and B.

We have:

<u>For Project A</u>

-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴

= $355. 237

<u> project B</u>

we would have

-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴

= 378.98

The value for the project B happens to be greater than that of A hence this is the value that we have to accept

Read more on NPV here:

brainly.com/question/17185385

#SPJ1

4 0
2 years ago
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