I believe the answer would be $126,000 because 3,000*7*6 equals 126,000. I may have done it wrong since I haven't done this in a while.
The answer to the first one is False. The described process is called Garnishments. A periodic rate is <span>the interest rate you are charged for one payment period. </span>Fees associated with buying and finalizing your loan are known as closing costs
Answer:
$57500 to Zheng and $ 47500 to Murray
Explanation:
Allocation of Net income Zheng Murray Total
Total Net income 105000
Less: Salary allowance 60000 40000 -100000
Remaining income 5000
Less: Interest on capital 10% 10000 20000 - 30000
Remaining Loss -25000
Share equally -12500 -12500 25000
Share of partners 57500 47500 0