1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmasim [6.3K]
4 years ago
7

On Aprilâ 1, 2017, Banne Services received a 9â-month note for $ 13 comma 000 at 11â%. Calculate the amount of interest due at m

aturity.â (Round any intermediate calculations to two decimalâ places, and your final answer to the nearestâ dollar.
Business
1 answer:
tangare [24]4 years ago
3 0

Answer:

$1,073

Explanation:

The computation of the interest due is shown below"

= Total amount borrowed × interest rate × number of months ÷ total months in a year

= $13,000 × 11% × 9 months ÷ 12 months

= $1,073

The five months are calculated from April 1 to December 31. We assume the books are closed on December 31.

Simply we apply the simple interest formula so that the correct amount can come

You might be interested in
Encouraging customers to switch brands is most likely the objective of
noname [10]
An advertisement. Advertisements are always trying to get you to switch brands.
8 0
3 years ago
For its new Jeep Compass, Daimler Chrysler launched a campaign targeting young, hip consumers. To reach its target, Jeep’s adver
Vlad1618 [11]

Answer:

sender

Explanation:

Based on the information provided it can be said that Daimler Chrysler was the sender of the message in this communication process. This can be said because Daimler was the one who launched the campaign that was used to target these consumers and garner their interest towards the product they are selling.

4 0
4 years ago
The primary source of earnings of commercial banks is income derived from
umka21 [38]

Answer: The correct answer is interest that is receives on money that it has loaned out.

Explanation: The primary source of earnings for commercial banks is income derived from the interest on money that it has loaned out. Banks also earn income from other areas like account fees, but they are not the primary source of earnings.

5 0
4 years ago
Read 2 more answers
On December 31, 2014, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doub
Alona [7]

Answer:

$745,000

Explanation:

The computation of the net account receivable is shown below:

The net account receivable is

= Adjusted balance of account receivable  - allowance for doubtful debts

= $800,000 - $55,000

= $745,000

We simply deduct the allowance for doubtful debts from the adjusted balance of account receivable so that the net account receivable could come

6 0
4 years ago
Slate is a daily magazine on the Web. Its business activities can be described by a number of variables. What is the level of me
svlad2 [7]

Answer:

A. The number of hits on their website on Saturday between 8:00 am and 9:00 am - Ratio.

B. The Departments, such as food and drink, politics, foreign policy, sports - Nominal.

C. The number of weekly hits on the Sam's Club ad.

This variable is quantitative in nature and thus its level of measurement is Ratio.

D. The number of years each employee has been employed with Slate.

It could be 0, 1, 2, or more years

This variable is thus quantitative in nature and thus its level of measurement is Ratio.

Explanation:

Data can be categorized as belonging to one of the following four levels of measurement;

nominal

ordinal

interval

ratio

The nominal scales are used for categorical variables which have no any quantitative value. For example, a person can be categorized as being male or female; young or old.

On the other had, the Ratio scale is tell us about the order, the magnitude and most importantly this scale has an absolute zero. The ratio scale unlike the nominal one is basically for quantitative data.

With these information we can now deduce the level of measurement for each of the variables.

A. The number of hits on their website on Saturday between 8:00 am and 9:00 am

This variable is quantitative in nature and thus its level of measurement is Ratio.

B. The Departments, such as food and drink, politics, foreign policy, sports;

This variable is categorical in nature and thus its level of measurement is Nominal.

C. The number of weekly hits on the Sam's Club ad.

This variable is quantitative in nature and thus its level of measurement is Ratio.

D. The number of years each employee has been employed with Slate.

It could be 0, 1, 2, or more years

This variable is thus quantitative in nature and thus its level of measurement is Ratio.

5 0
3 years ago
Other questions:
  • If a company deals with violations of its ethical codes ____, the opportunity to be unethical will be reduced
    14·2 answers
  • Macy's buys white, pinpoint oxford blouses at $14 each and sells them at $30 each. macy's percentage (of cost) markup is _______
    9·1 answer
  • If you made a 17% profit on the $76,000 sale of a lot, how much did you pay for the lot?
    14·1 answer
  • "In the corn market, demand often exceeds supply and supply sometimes exceeds demand." "The price of corn rises and falls in res
    10·1 answer
  • All of the current year's entries for Zimmerman Company have been made, except the following adjusting entries. The company's an
    11·1 answer
  • "If you do not call on your accounts at least once a week, you will lose your job," is an example of which influence strategy?
    14·1 answer
  • For each of the scenarios below, determine whether the employer is likely to be discriminating against a person because of age:
    9·1 answer
  • Item8 1 points Time Remaining 18 minutes 53 seconds 00:18:53 Item 8Item 8 1 points Time Remaining 18 minutes 53 seconds 00:18:53
    15·1 answer
  • A firm has a debt-to-equity ratio of 0.50 and debt equal to $35 million. The firm acquires new equipment with a 3-year operating
    13·1 answer
  • 15. Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an as
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!