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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.

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2 years ago
Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach.
gulaghasi [49]
That statement is true.
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5 0
3 years ago
The duties of human resources include all the following EXCEPT
-Dominant- [34]

Answer:

B will be your answer for the problem

7 0
3 years ago
Sheffield Corp. traded machinery with a book value of $978480 and a fair value of $906000. It received in exchange from Ivanhoe
Lemur [1.5K]

Answer:

Gain $72,480

Explanation:

Calculation for the amount of gain or loss that Sheffield should recognize on the exchange

Using this formula

Gain/Loss= Book value – Fair value

Let plug in the formula

Gain/Loss= $978,480 – $906,000

Gain=$72,480

Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480

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3 years ago
Question 10 help needed please
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4 years ago
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