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amm1812
3 years ago
14

Calculate the simple interest you would receive in five years on a savings account that earns 7.5% annual interest. your beginni

ng balance is $1236.59.
Business
2 answers:
Llana [10]3 years ago
6 0
We know,
simple interest = (capital×time in years×interest rate)/100
therefore,
simple interest = (1236.59×5×7.5)/100
= 46372.125/100
=463.72
Thus, simple interest = $463.72
Anvisha [2.4K]3 years ago
3 0
$4,637.21 in 5 years of simple interest.
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What is it about incentive systems that makes them so attractive to leaders attempting to implement organizational change
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The Accounting Equation states that;

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<em>The Net Income ( loss) will be the figure that gives the Statement of Equity a figure of $59 million.</em>

Net Income = Total stockholders' equity, January 31, 2017 - Total stockholders' equity, January 31, 2016  - Issuance of stock

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Add: Issuance of stock ......................................................... 13

Net income  ......................................................................9

Less: Dividends declared......................................................0

Net loss.......................................................................................0

Total stockholders' equity, January 31, 2017...................59

2. Timmy issued no stock but declared dividends of $17 million.

Net Income (loss) = Total stockholders' equity, January 31, 2017 - Total stockholders' equity, January 31, 2016  + Dividends Declared

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Total stockholders' equity, January 31, 2016  ................ 37

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3. Timmy issued $20 million of stock and declared dividends of $27 million.

Net Income (loss) = Total stockholders' equity, January 31, 2017 - Total stockholders' equity, January 31, 2016  + Dividends Declared -  Issuance of stock

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Add: Issuance of stock ......................................................... 20

Net income  ......................................................................29

Less: Dividends declared......................................................(27)

Net loss.......................................................................................0

Total stockholders' equity, January 31, 2017...................59

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