Examples of some of the most prominent hard currencies are listed below: The U.S. dollar (USD) The euro (EUR) ... The Australian dollar (AUD)
Your current balance<span> is the amount of money in your account at the beginning of a business day. This amount does not include any pending deposits or withdrawals. Your </span>available balance<span> is your </span>current balance<span> minus any pending debit card purchases, automatic drafts, processing checks or other debits from your account</span>
Answer:
The accrued interest at December 31, 2022 amounts to $3,540
Explanation:
Accrued Interest = Amount borrowed × rate × Number of months/ 12
where
amount borrowed is $88,500
rate is 12%
= $88,500 × 12% × 4/12
= $3,540
The accrued interest for one year note is $3,540
Note: Number of months from September to December will be 4 months that is September, October, November and December.
Answer:
Substantial performance
Explanation:
A substantial performance is described as a degree of performance of a contract which is not full and complete in performance, but which the performance is termed almost equivalent to what is expected. In substantial performance, the essential obligations of the contract have been performed but not all that is required under the contract.
