Answer:
The appropriate response is "12.47%".
Explanation:
The given values are:
Borrowed amount,
= 152300
APR,
= 11.75%
i.e.,
= 0.1175
Now,
The effective annual rate will be:
= 
On substituting the given values, we get
= 
= 
= 
= 
Answer:
$434,780.69
Explanation:
The computation of the large the ballon payment would be is determined by using the future value formula i.e. to be shown in the attachment
Provided that
Present value = $295,000
Rate of interest = 5.9% ÷ 12 months = 0.49166%
NPER = 35 years × 12 months = 420 months
PMT = $1,350
The formula is shown below:
= -FV(Rate;NPER;PMT;-PV;type)
So, after applying the above formula, the future value is $434,780.69
In addition to the consumer product safety commission, the two federal agencies that play the most active role in protecting the public from unsafe products are the Treasury Department, the Commerce Department, and the Office of the U.S. Trade Representative.
The U.S. Consumer Product Safety Commission is an independent federal regulatory agency that was created by Congress in the Consumer Product Safety Act. The Consumer Product Safety Commission protects the public from unreasonable risks of serious injury or death from thousands of types of consumer products under its jurisdiction, including products that pose a fire, electrical, chemical, or mechanical hazard or can injure children.
Enforcing standards and issuing recalls or repair orders when necessary. Conducting independent research on potential hazards. Responding to consumer inquiries and complaints regarding specific products.
Learn more about federal agencies there:- brainly.com/question/9354369
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The statement is false it should be between NAS and SANs or the <span>Storage area Network. It is considered to be the storage of the common user network and reorganized them. It is usually being used to level up the storage device of a network. </span>
Answer:
(During write-off) March 11
Dr Bad debt expense $9,100
Cr Accounts receivable $9,100
(at the time of collection) March 29
Dr Accounts receivable $9,100
Cr Bad debts expense $9,100
Dr Cash $9,100
Cr Accounts receivable $9,100
Explanation:
On March 11, Dexter made an entry to write-off bad debts in the amount of $9,100. Dexter Co., charged it directly to Accounts receivable because the company uses direct write-off method. During the collection we have 2 steps to consider; First, On March 29 during the unexpected collection, Dexter shoud set up the reversal of the write-off entry which they had made last March 11. So we debit Accounts receivable and credit bad debts in the amount of $9,100. Second, is to record the collection, debit cash and credit Accounts receivable in the amount of $9,100.