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Scorpion4ik [409]
4 years ago
13

Lisa is depositing $2,500 in a six-month cd that pays 4.25% interest. how much interest will she accrue if she holds the cd unti

l maturity?
Business
1 answer:
Juliette [100K]4 years ago
5 0

In this scenario, at an APR of 4.25%, Lisa would earn $53.60 in interest during the 6 month CD

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Square Company purchases an equity investment in Tangle Company at a purchase price of $8 million, representing 40% of the book
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Answer:

The $280,000 is the income which square report in Tangle for the year.

Explanation:

For computing the income relating to the investment in Tangle for the year, the net income and percentage is applied or we can say equity method is applied.

In mathematically,

Income = Net income × percentage

            = $700,000 × 40%

            =$280,000

All other cost like dividend, market value, purchase price is irrelevant while computing the investment income.

Hence, the $280,000 is the income which square report in Tangle for the year.

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