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
nikklg [1K]
3 years ago
13

If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one

month of interest accrues?
Business
2 answers:
Westkost [7]3 years ago
8 0

Answer:

560

Explanation:

Thats your answer.

lord [1]3 years ago
6 0

Answer:

561

Explanation:

Answer on knowledge matters

You might be interested in
What is the Reconstituted Firm???​
ella [17]

Explanation:

When a new partner is admitted a new agreement is formed and thus the firm is reconstituted.

8 0
2 years ago
Read 2 more answers
Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
Ivenika [448]

Answer:

c) $110,000

Explanation:

The computation of the borrowing amount is shown below:

= Value of home × given percentage - current mortgage amount

= $200,000 × 80% - $50,000

= $160,000 - $50,000

= $110,000

For computing the accurate value, we have to deduct the current mortgage amount from the net value of home.

Since only 80% is related to the home value so we take only 80% and rest 20% would be ignored.

7 0
3 years ago
Marble Construction estimates that its WACC is 10 percent ifequity comes from retained earnings. However, if the company issuesn
dedylja [7]

Answer:

Projects E,F and G should NOT be considered.

Optimal Capital  is $5,750,000

Explanation:

The accept-or-reject rule, using the IRR method, is to acceptthe project if its Internal Rate of Return (IRR) is higher than theWeighted Average Cost of Capital(k) [r>k]. The project shall berejected if its internal rate of return is e lower than theWeighted Average Cost of Capital cost of (r<k)

                                 Accept if        r>k

                                 Reject if         r<k

                                   Mayaccept if r = k

If the Weighted Average Cost of Capitl (WACC) is less than IRRrate, then the project has positive NPV; if it is equal to IRR, theproject has a Zero NPV, and if it is greater than the IRR, theproject has negative NPV.

The projects should be accepted as the rate of return on theproject is higher than the WACC(10.8%) which means that theprojects will be profitable as the returns are higher than the costof the project (capital).  Considering this projects E,F and G should NOT be considered.

And considering the sizes the Optimal Capital  is $5,750,000 (the addition of sizes of all projects)

8 0
3 years ago
Tai min is a 14 year old girl who was encouraged by government officials to rent out her body for sexual purposes to help her co
Anestetic [448]
Prostitution should be the correct answer
4 0
3 years ago
1. One of the major changes resulting from managed care is the requirement of providers to assume accountability for: A. The tre
11111nata11111 [884]

Answer:

The correct answer is B) The appropriateness of interventions

Explanation:

Managed care is evolving in many countries around the world.

One of the ways in which changes are becoming more prevalent is in the managed care industry is that due to competition, that players are beginning to take seriously the quality of health care being given to enrollees.

All of this is happening simultaneously with the bid to provide these services at the lowest cost possible with providers playing for marketing share.

In Managed care, if customers are treated fairly, they are most likely to return thus creating the possibility for sustained organic growth.

Cheers!

4 0
3 years ago
Other questions:
  • If the management of an entity is close to breaching a debt covenant that requires maintaining a certain current ratio, manageme
    9·1 answer
  • Mauro Products distributes a single product, a woven basket whose selling price is $12 per unit and whose variable expense is $1
    15·1 answer
  • Which of the following would most likely constitute a negative externality affecting free resources?
    15·1 answer
  • Why is it sometimes hard for LDCs to use their natural resources efficiently?
    6·2 answers
  • Which of these factors would NOT cause the supply curve for a particular good to shift?a. a change in the technology used to pro
    5·1 answer
  • How taxation and legislation impact positively and negatively on a company?
    14·1 answer
  • Analyzing Unearned Revenue Disclosures
    5·1 answer
  • Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
    12·1 answer
  • Prepare journal entries to record the following transactions for the village of Radnor. Classify the expenditures as Parks suppl
    9·1 answer
  • What is one benefit of continuing your education after high school?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!