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Alisiya [41]
3 years ago
8

At the Penalty APR rate of 28.99% and a balance of about $1800, approximately how much interest would you owe in one month?

Business
1 answer:
Gnom [1K]3 years ago
5 0

Answer:

you owe $43.47 in one month

Explanation:

Daily Interest (for one month) = Balance × APR rate × [number of month / Total month in a year]

Daily Interest = $1800 × 28.99% × 1/12

                      = $1800 × 0.2899 × 0.0833

                      = $43.47

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27 days

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Hadley Corporation issued 200,000 shares of $5 par value common stock for $25 per share. During that year, the corporation susta
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3 years ago
The most powerful of the five competitive forces is usually: Select one: a. The competitive pressures that stem from ready avail
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Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

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The business earns $700 of consulting revenue. How would these earnings affect the total equity of a business?a. Liabilities are
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