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
ipn [44]
1 year ago
5

Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Ly

nn at the end of 9 years with 4% interest compounded semiannually.
Business
1 answer:
artcher [175]1 year ago
6 0

Pete plans to pay off Lynn on the give-up of 9 years with 4% interest compounded semiannually=$116,815.96.

A = P(1 + r/100)t

A=59000(1+0.1/2)^(2*7)

=$59000*1.979931599

interest compounded =$116,815.96

Compounding hobby semiannually method that the fundamental of a loan or investment at the start of the compounding period, in this case, every six months, consists of the entire hobby from every preceding period.

Semiannual means an event that happens twice a year, every six months. In business surroundings, semiannual is something that is recurring like payments or an interest fee.

If you want to calculate what your investments may be really worth primarily based on returns that compound semiannually, first, divide the yearly fee of going back by way of 100 to convert it to a decimal. 2nd, divide the once-a-year price as a decimal by way of 2 to transform it into a semiannual fee for going back.

Learn more about interest compounded semiannually here: brainly.com/question/24924853

#SPJ4

You might be interested in
Laura mentions that employees will come back from tea break on time because they know it will let down their fellow work mates i
cupoosta [38]

Answer:

Cooperation and trust

Explanation:

There are clear distinctions between groups and teams. A group is a set of people brought together by common interests and inevitable circumstances, while a team is a group of people working together to reach a common goal.

The responsibility in a team is evenly dispersed; although the work is not done individually, the team is acting as an individual. That means that <em>trust </em>has to be present among team members; we have to know we won't be let down by a team member, like we don't let down ourselves.

<em>Trust</em> is one of the most essential inputs for effective <em>cooperation</em>.  

A team possessing such characteristics is highly <em>cohesive</em>.

6 0
3 years ago
When $45,000 of goods are completed in Production Department D and transferred to the finished-goods warehouse where completed p
kykrilka [37]

Answer:

A debit to Finished-Goods Inventory

Explanation:

While recording this transaction, the journal entry is as follows

Finished goods inventory $45,000

      To work in process inventory $45,000

(Being the completed units are recorded)

For recording this, we debited the finished goods inventory and credited the work in process inventory so that the correct posting could be done and the same is shown above

8 0
3 years ago
Blossom Company has the following inventory data:
Debora [2.8K]

Answer:

Ending inventory= $916.2

Explanation:

Giving the following information:

Nov. 1 Inventory: 35 units  $7.10 each

Nov. 8 Purchase: 142 units  $7.60 each

Nov. 17 Purchase: 71 units  $7.45 each

Nov. 25 Purchase: 106 units $7.80 each

Nov. 30 ending inventory: 118 units on hand. FIFO (first-in, first-out)

Ending inventory= 106*7.8+12*7.45= $916.2

8 0
3 years ago
What would the Bates' total itemized deductions be if all three church pledge payments were made in 2019
Aleks [24]

Question Completion:

Each year, Tom and Cindy Bates (married filing jointly) report itemized deductions of $20,000 (which includes an annual $4,000 pledge payment to their church). Upon the advice of a friend, they do the following: In early January 2019, they pay their 2018 pledge; during 2019, they pay the 2019 pledge; and in late December 2019, they prepay their 2020 pledge. a. What are the Bateses trying to accomplish? To have their itemized deductions exceed the standard deduction . b. What would the Bates' total itemized deductions be if all three church pledge payments were made in 2019?

Answer:

The Bates' total itemized deductions would be $20,000 if all three church pledge payments were made in 2019 (including $12,000 for the three years in church pledges and another $8,000 for other deductions).

Explanation:

It is assumed that the Bates' Adjusted Gross Income for 2019 is within the range of $100,000 to $200,000, which enables them to make charitable contributions up to $4,155 per annum.  Since taxation uses the cash basis, it is possible for the Bates to claim the $12,000 cash in pledges for the current year when payment is made in the year.

5 0
3 years ago
Q28. The perimeter of a triangular field is 420 m and its sides are in the ratio
PilotLPTM [1.2K]

Answer:

Given, perimeter of a triangular field is 420 m and its sides are in the ratio 6:7:8.

Let sides of a triangular field be a = 6x, b = 7x and c = 8x.

Perimeter of a triangular field, 2s = a + b + c ⇒ 420 = 6x + 7x + 8x ⇒ 420 = 21x

⇒ x = 420/21 = 20 m.

I hope it help you

mark me brainliest

Explanation:

4 0
3 years ago
Other questions:
  • TRUE or FALSE. Big spenders are also known as low yield tourists, because they typically expect air conditioned hotels with Engl
    8·2 answers
  • One column of numbers consists of 28, 42, and 14. When the digits of the numbers are added together, the result is 2 + 8 + 4 + 2
    11·1 answer
  • Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100
    8·1 answer
  • Stock Y has a beta of 1.4 and an expected return of 14.7 percent. Stock Z has a beta of 0.7 and an expected return of 8.7 percen
    7·1 answer
  • A firm engaging in efficient​ production, using current​ technology, ________ produce its current level of production with​ ____
    5·1 answer
  • The sarbanes-oxley act created the _____ to protect the interests of investors and further the public interest in the preparatio
    7·1 answer
  • Item 4 A coupon bond that pays interest annually has a par value of $1,000, matures in seven years, and has a yield to maturity
    11·1 answer
  • What health care business decisions are based on financial statements? And what are some examples?
    13·1 answer
  • The company is now using only 70% of its normal capacity; it could fully use its normal capacity by processing the assembly furt
    10·1 answer
  • How frequently is the value of an insurer's variable subaccounts normally calculated?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!