Answer: Answer
Explanation: just took quiz quiz on edge
Answer:
$336.88
Explanation:
Interest adjustment refers to a one time interest payment that must be paid by the buyer for the accrued interest between the day when the sale was closed and the end of the month. In this case, we are told to use a 360 day year, that means that all months will have 30 days. Therefore, the number of days of July will be 14, not 15.
total interest for 14 days = $157,500 x 5.5% x 14/360 = $336.875 = $336.88
Answer:
$10,000
Explanation:
Owner's capital is calculated as = Owner's capital at the beginning of the period + Additional investment for the year + Net income - Drawings.
Given that ;
Owner's capital at the beginning = $2,250
Additional investment = $1,750
Net profit = $3,500
Drawings= ($2,500)
= $2,250 + $1,750 + $3,500 - (-$2,500)
= $10,000
Therefore, owner's capital at the end of the year is $10,000
The 4 Major characteristics of a mineral are:
1. It is formed by natural processes, not man-made.
2. It is inorganic, it's not alive, it will never be.
3. It is a crystalline solid, a definite volume and shape with a repeating structure.
4. It can be an element or compound with a definite chemical composition, made the same each time with and orderly arrangement of atoms.
Contact your lender if you are falling behind on your student loan payments. Missing student loan payments is one of the worst things you can do in terms of maintaining a good credit score.