Minimum wage I think lol may be wrong
Answer:
It will take 50 months to complete the payment on his entire balance
Explanation:
We have to solve for n in an annuity:
C $20.00
time n
rate (0.1524 / 12 months per year) 0.00127
PV $969.1600
Now, we use logarithmics properties to get the answer:
[tex]-n= \frac{log0.93845834}{log(1+0.00127)
n = 50.044991
Answer:
D. Charged on the buying and selling of stock.
Explanation:
Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.
Answer:
b. enforce the policy or recover the amount of the premiums paid.
Explanation:
Petra being a a member of the class of persons protected by the statute is a big advantage. This translates to lesser or no punishments at all for defaulting the set rules and protocols of insurance in his/her state.
This means Petra can either enforce the law as a top person or recover the amount of premiums paid.
Answer:
Journal Entry
Cash = $2100
Interest Revenue = 100
Notes Receivable = $2000
Explanation:
We need to find the interest revenue:
$2000 X 0.10 = $200
The time interval from February to August is 6 months. Therefore we have;
Interest Revenue = $200 X (6 months/12 months) = 100.
Sanger's record on August 1 2018, would be:
Journal Entry
Cash = 2000 + 100 = $2100
Interest Revenue = 100
Notes Receivable = $2000
