1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Cerrena [4.2K]
1 year ago
13

margo borrows $800, agreeing to pay it back with 5% annual interest after 7 months. how much interest will she pay?

Business
1 answer:
Gala2k [10]1 year ago
7 0

Answer:

23

Explanation:

800 * 5% * (7/12) = 23.333

dividing 7 by 12 coz there r 12 months in a year and she is paying for 7.

You might be interested in
Staying objective allows you to better assess the results of an action plan. Please select the best answer from the choices prov
RoseWind [281]
It is absolutely true that staying objective allows you to better assess the results of an action plan. The correct option among the two options that are given in the question is the first option. It is important to assess the results of an action plan because only then will a person be able to improvise the plan for a better result.
4 0
3 years ago
Read 2 more answers
At December 31, Idaho Company had the following ending account balances:
telo118 [61]

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

<u>Details                                                                         $      </u>

Stockholder's Equity:

Common Stock                                                       525,000

Preferred Stock                                                      500,000

Additional Paid-In Cap. - Common Stock             625,000

Additional Paid-In Cap. - Preferred Stock              50,000

Treasury Stock                                                        (40,000 )

Retained Earnings                                                <u>  250,000  </u>

Balance at December 31                                    <u>   1,910,000  </u>

5 0
3 years ago
Sorry i accidently did this. do not know how to work
san4es73 [151]

Answer:

sorry for u

Explanation:

will they barn u

6 0
2 years ago
Read 2 more answers
When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be repo
Andrews [41]

Answer:

b. A deduction from net income in determining cash flows from operating activities.

Explanation:

An increase in prepaid expenses is deducted from Net Income. The reason behind it very simple and no rocket science is there. Lets take Insurance as a prepaid expense. You Paid in-advance for Insurance, it increase your current asset that is Prepaid Insurance BUT at the same time cash went out of the Business.

I hope I made it clear to you. If you still have any queries, feel free to ask me.

Thanks!

8 0
3 years ago
A ____________________________ is one economic mechanism by which government borrowing can crowd out private investment.
joja [24]

A  higher interest rate is one economic mechanism by which government borrowing can crowd out private investment. This is further explained below.

<h3>What is the economic mechanism?</h3>

Generally, A mechanism is a mathematical representation of the organizations that govern and coordinate economic activity.

In conclusion, Increasing the interest rate is one of the ways in which the government may stifle private sector investment. This will be detailed in further detail in the following paragraphs.

Read more about the economic mechanism

brainly.com/question/14529441

#SPJ1

4 0
2 years ago
Other questions:
  • Ada signed a simple discount promissory note for $5,500. the discount rate is 12%, and the term of the note is 5 months. what ar
    11·1 answer
  • Partially amortizing mortgage loans require periodic payments of principal, but are not paid off completely over the loan's term
    11·1 answer
  • John Smith owns a bookstore that is covered under an unendorsed Commercial General Liability (CGL) Coverage Form. A customer fal
    13·1 answer
  • Donald sells stock with an adjusted basis of $38,000 to his son, Kiefer, for its fair market value of $30,000. Kiefer sells the
    6·1 answer
  • The factor that has the greatest impact on your credit score is
    5·2 answers
  • In its first tax year, the Vasquez Estate generated $50,000 of taxable interest income and $30,000 of tax-exempt interest income
    12·1 answer
  • Select all that apply What is the difference between an adjusted trial balance and an unadjusted trial balance? (Check all that
    10·1 answer
  • XYZ Company produces a significant daily amount of electronic waste. The company disposes the waste into the ocean despite stric
    10·1 answer
  • You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?​
    6·1 answer
  • An investment that has earned a high rate of return over the last 5 years will necessarily continue to perform well in the futur
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!