Answer:
0.29
Explanation:
The computation of the approximate cost of foregoing the discounts is shown below:
Here we assume the balance to be $100
Now 2/10, net 35 means that if the person paid the amount within 10 days so he or she is eligible for the payment
So,
= $100 × (100 - 0.02)
= $98
The $98 should be paid in 10 days
or $100 for 35 days
So overall the $2 for borrowing and $98 for 25 days i.e. (35 - 10)
Now the annual percentage is
= $2 ÷ $98 × 360 days ÷ 25 days
= 0.29
In order to obtain a learners permit, teen drivers are required to pass a written test. Typically they will prepare for this exam by completing a drivers education course. Though not a requirement in all states, drivers ed is the easiest way to be thoroughly prepared for the complicated driving laws and scenarios you’ll face on the permit exam. Once you pass your permit test and earn a permit, there may still be certain restrictions attached to this provisional license — such as requiring a licensed driver over a certain age to be seated in the passenger seat, limiting your driving to daylight hours, and other state-mandated rules.
General United States Permit Requirements
While each state has its own set of guidelines, in general, teens between 14 and 18 years of age can start the drivers education and learners permit process. Once a teen driver has obtained a learners permit, there are additional state-specific requirements they must meet before they can apply for their drivers license.
Before obtaining a learners permit in any state, a teenager is required to pass a driving knowledge test. Drivers education is the best way for a teen to prepare for this exam, whether the state requires it or not. In some cases, passing a drivers ed final exam can substitute for the written exam. No matter how the test is taken, students must pass with at least a 70% or higher, depending on that state’s minimum. Once he or she passes, a teen driver will be issued a learners permit. Some states require teen drivers to have a permit for a minimum of 6 months before they can take their drivers license exam.
Answer:
10.5%
Explanation:
Holmes company currently have an outstanding bond of 9% coupon
They also have a 14% yield to maturity
= 14/100
= 0.14
The marginal tax rate is 25%
= 25/100
= 0.25
The after-tax cost of debt can be calculated as follows
After tax-cost of debt= Yield to maturity × (1-tax rate)
= 0.14× (1-0.25)
= 0.14×0.75
= 0.105×100
= 10.5%
Hence the after-tax cost of debt for Holmes company is 10.5%
Try to persuade by asking them how much money they have and stuff
Answer:
multiplicado todas la cantidades y ese es el resultado