Balance transfer fee is NOT a common credit card fee.....
HOPE it helps!!!!
Answer:
c. $1,010.36
Explanation:
Options <em>" ) $1,610.36 2) $522.93 3) $1,010.36 4) $110.02"</em>
<em />
Future value = Pmt * ((1+r)^n - 1) / r
Pmt = FV / ((1+r)^n - 1) / r
Size of the deposit = 10,000 / ((1.06^8) - 1) / 0.06
Size of the deposit = 10,000 / (1.59384807453 - 1) / 0.06
Size of the deposit = 10,000 / (0.59384807453/0.06)
Size of the deposit = 10,000 / 9.897467908833333
Size of the deposit = 1010.359426482723
Size of the deposit = $1,010.36
Answer:
$145
Explanation:
Minimum monthly payment at the rate of 2.5%
= 2.5/100 × $5,800
=$145
Between $12 & $145,
$145 is higher hence will be the minimum amount Elizabeth must pay to keep her account in good standing.
Answer:
The equity will decrease through retained earnigns for 3,000,000 dollars
Explanation:
The company's accounting will distribute the shares at the carrying value of the shares which is $5 per share as for them that is how much they are worth.
600,000 shares x $5 each = $3,000,000
retained earnings 3,000,000 debit
investment on Comption 3,000,000 credit
The equity will decrease through retained earnigns for 3,000,000 dollars
Hello beauty! The answers would be increase and decrease :)
