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kupik [55]
3 years ago
6

One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per

month. you will charge 1.06 percent per month interest on the overdue balance. if the current balance is $14,880, how long will it take for the account to be paid off

Business
1 answer:
Ahat [919]3 years ago
5 0
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months

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sineoko [7]
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8 0
3 years ago
Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-governmenta
Katen [24]

Answer:

c. II and IV are governmental; I and III are not.

Explanation:

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8 0
3 years ago
A Kubota tractor acquired on January 8 at a cost of $315,000 has an estimated useful life of 10 years. Assuming that it will hav
grandymaker [24]

Answer:

A. Year 2 $31,500

Year 2 $31,500

B. Year 1 = 63,000

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Year 2 $ 50,400

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a. Calculation to Determine the depreciation for each of the first two years by the straight-line method

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Year 2 = $315,000 / 10

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B) Calculation to determine the depreciation for each of the first two years by the double-declining-balance method

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Percentage = $ 315,000 *10%

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Year 1=20% of $ 315,000

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8 0
3 years ago
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scoundrel [369]

Answer:

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