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3 years ago

America spend the largest portion of their budget one ?

Business

2 answers:

Vitek1552 [10]3 years ago

7 0

they spend the largest portion of their budget on housing

MAXImum [283]3 years ago

4 0

America typically spends most of it's budget on Social Security, Unemployment, & Labor (not including military)

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One of your customers has just made a purchase in the amount of $12,000. You have agreed to payments of $290 per month and will

34kurt

Answer:

It will take 51 months.

Explanation:

As we know the constant payment of $290 monthly is the annuity payment to pay $12,000 with interest rate of 0.84% per month. The Number of Months can be calculated by following formula.

Loan amount = PV = $12,000

Rate of interest = r = 0.84 %

Monthly Payment = P = $290

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

$12,000 = $290 x [ ( 1 - ( 1 + 0.84% )^-n / 0.84% ]

$12000 x 0.84% / $290 = 1 - ( 1 + 0.84% )^-n

0.347586 = 1 - ( 1 + 0.84% )^-n

0.347586 - 1 = - ( 1 + 0.84% )^-n

-0.652414 = - ( 1 + 0.84% )^-n

1 / 0.652414 = 1.0084^n

1.532769 = 1.0084^n

Log 1.532769 = n x log 1.0084

n = Log 1.532769 / log 1.0084

n = 51

6 0

3 years ago

Why do companies offer health and wellness programs to their employees?

Sholpan [36]

Answer:

Cause if they get hurt they don't want to be in a court case

8 0

3 years ago

Bond Terms 8%, 20-year bond, Face Value: $500,000 Interest Payment dates, June 30 and December 31 Bond issued on 1/1/2020 Under

gregori [183]

Answer:

1. Bond issue at 97.25

a. cash received = 97.25% * $500,000 = $486,250

b. Amount of interest payment = 8%*$500,000* 1/2 = $20,000

c. total Interest payment = $20,000 *2*20 = $800,000

d. Total amount repaid at maturity = $500,000

2. Bond issue at 102.5

a. cash received = 102.5%*$500,000 = $512,500

b. Amount of interst payment = 8%*$500,00 * 1/2 = $20,000

c. Total amount of interest payment = $20,000*2*20 = $800,000

d. Total amoun repaid at matrurity = $500,000

Explanation:

7 0

3 years ago

The Harris Company purchased equipment for $15,000 on December 1. It is estimated that annual depreciation on the computer will

kvv77 [185]

The entry will include Depreciation Expenses for $1,750 and Accumulated Depreciation for $1,750

Here, we are to first calculate the Depreciation expenses while observing that the date runs for 1 month (From December 2 - December 31).

The depreciation expense will equals Annual depreciation of computer * 1/12

Depreciation expense = $3,000 * 1/12

Depreciation expense = $250

The adjusting entry will entails:

Date Account titles and explanation Debit Credit

31 Dec Depreciation expenses $250

Accumulated depreciation $250

(Entry to record depreciation expenses)

Learn more about from related question here

<em>brainly.com/question/5185201</em>

7 0

3 years ago

Grand Trunk Inc., a furniture manufacturing company, does not manufacture furniture until an order is received. It coordinates a

sleet_krkn [62]

Answer:

supply chain management

Explanation:

Supply chain management -

It refers to the management for the flow of services and goods along with the process that are responsible for the conversion of the raw products to final goods and services , is referred to as the supply chain management .

The process like supplying , designing , production , quality control etc. are all process in supply chain management .

Hence , from the given scenario of the question ,

The correct answer is supply chain management .

7 0

3 years ago