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4 years ago

If you are planning to carry a large balance on yo ur credit card which of the following

Business

1 answer:

sukhopar [10]4 years ago

6 0

NO BILLS THAT NEED TO BE PAID
SOMETHING EASY NOT TOO COMPLICATED

I HOPE THIS HELPED

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A 3-year insurance policy costing $1,164 is taken out november 1, 1995. the property was sold on may 15, 1996, and the day of cl

Debora [2.8K]

To solve: If we assume there are 30 days in the month then the policy was held by the original owner from November 1st – May 15th which is 195 days. Assuming there are 30 days in the month there are 360 days in the year and that is equal to 1,080 for the insurance policy. If we divide the price of the policy, $1,164 by the amount of days the policy will be held for 1,080 then the policy is worth $1.08 a day. Next, take the amount of days the original owner held the policy and multiply it by the amount per day the policy costs (195)($1.08) = $210.60 Then, we need to subtract $210.60 from the full cost of the policy ($1,164 - $210.60) = $953.40 The buyer should pay the seller $953.40 at closing.

7 0

4 years ago

You have been awarded an insurance settlement of $211,400 that is payable one year from today. What is the minimum amount you sh

Gekata [30.6K]

If you can make 6.3 percent on the investments, the minimum amount you should take today in exchange for this settlement is $198,871. (Approx).

<h3>What is the present value?</h3>

The current value of a future sum of money or stream of cash flows, assuming a certain rate of return, is known as present value (PV).

In the given case, there is a need to find out the present value of $211,400.

<u>Computation</u>:

According to the given information,

Present value = $211,400 × 1/(1 + r)n

Present value =$211,400× 1/1.063

Present value =$211,400× 0.940734

Present value =$198,871(Approx).

Learn more about the present value, refer to:

brainly.com/question/17322936

#SPJ1

8 0

2 years ago

What potential challenges will you have supporting your argument with this demographic?

Nataly_w [17]

<span>Being expressive to the audience for a certain essay is vital because it regulates the content that will give the impression in the writing. The content of an essay that has a detailed topic will differ depending on the projected audience. Having a fixated topic is imperative, but having a precise audience is correspondingly significant.</span>

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4 years ago

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2018. On that date Devin sold equipment to Pepe for $45,000. The

CaHeK987 [17]

Answer: $9000

Explanation:

Based on the values given in the question, the consolidated gain or loss on equipment for 2018 would be calculated as:

Cost of equipment = $120,000

Less accumulated depreciation = $66,000

Less: Amount Devin sold equipment to Pepe = $45,000

Consolidated loss= $120,000 - $66000 - $45000

= $9000

8 0

3 years ago

Rhonda, a general manager, makes a decision on behalf of the business that leads to some personal financial gains, while the com

noname [10]

Answer:

Conflict of interest .

Explanation:

The scenario depicts a conflict of interest. Rhonda's decision benefits Rhonda at the expense of the company. Rhonda does not fulfill the responsibility to ensure that the company stays profitable, which is a conflict of interest. A conflict of interest, one of the most common ethical issues identified by employees, exists when a person must choose whether to advance his or her own personal interests or those of others.

8 0

3 years ago