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2 years ago

Create a method name bonus that will read a basic payment and an hour variable as parameter to calculate an extra salary

Business

1 answer:

Gre4nikov [31]2 years ago

8 0

The method name for the basic payment is given below, follow the codes carefully as they are case-sensitive.

<h3>How to create a method name bonus?</h3>

{

double extra;

if(basic>=5000)

extra=basic × hour × 0.3;

else if (point>=2500)

extra=basic × hour × 0.4;

else

extra=basic × hour × 0.5;

return extra;

}

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Terry took out a mortgage loan for $100,000 at an interest rate of 11.5% for 30 years. if terry had not had a bankruptcy on her

Mrrafil [7]

Because Terry had a bankruptcy on her credit report, the additional amount of interest that Terry is paying over the life of the loan is <u>$167,839.720</u>.

<h3>What is interest?</h3>

Interest is the finance charge for a loan or mortgage.

It is calculated on the principal amount based on the agreed rate and maturity period of the loan.

We can compute the interest using an online finance calculator as below.

<h3>Data and Calculations:</h3>

Home Price= $100,000

Down Payment = 0%

Loan Term = 30 years

Interest Rate = 11.5%

Monthly Payment: $990.29

Normal monthly payment (without a bankruptcy) = $524.07

Total of 360 Mortgage Payments = $356,504.92 ($990.29 x 30 x 12)

Total of 360 Mortgage Payaments without bankruptcy = $188,665.20 ($524.07 x 30 x 12)

Additional payment in interest = $167,839.720 ($356,504.92 - $188,665.20)

Thus, the additional amount of interest that Terry is paying over the life of the loan is $167,839.720.

Learn more about interest calculations at brainly.com/question/25545513

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4 0

2 years ago

Which set of changes is definitely predicted to lower real gdp in the short run?

Tatiana [17]

D. foreign real national income falls and wages rates rise.

3 0

3 years ago

Andrew is the prom committee chairman. He is at the prom and realizes that the meal delivered to the attendees was steak and not

scoray [572]

Answer:

monitoring and controlling

Explanation:

The five stages in the project management process are:

Project initiation
Project planning
Project execution
Project monitoring and controlling: in this stage you must measure the project's performance in order to identify any possible deviation from the project's plan. Project managers should use key performance indicators (KPI) to determine if the project s on track or not. In this case, one KPI was chicken meal and the deviation was steak meal.
Project closure

5 0

3 years ago

Suppose a commercial banking system has $40,000 of outstanding checkable deposits and actual reserves of $4,500. If the reserve

ludmilkaskok [199]

Answer: $50000

Explanation:

Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:

= $4500 - (10% × $40000)

= $4500 - $4000

= $500

Then, the money supply that's expanded will be:

= Excess reserve / Reserve ratio

= $5000 / 10%

= $5000 / 0.1

= $50000

Therefore, the answer is $50,000.

3 0

3 years ago

Market Corporation owns 100% of Subsidiary Corporation's stock. Market Corporation completely liquidates Subsidiary Corporation,

kykrilka [37]

Answer:

b. $400,000

Explanation:

According to the historical cost principle, the land or fixed assets should be reported in the financial statement with the purchase price or historical price.

In the given situation, the land receiving value is $400,000 and its fair market value or FMV is $500,000 and exchange value is $300,000

So, here the land should be recorded at $400,000. Hence, we ignored the fair market value and the exchanged value

6 0

3 years ago