Answer: $13,161.264
Explanation:
interest rate after first 3 months 9% for 3 months.
I = P x R x T / 100
Where;
I= interest
P= principal
R= interest Rate
= Time
$6000 x 9% x 3 / 100
= $ 1620
Interest for next 3 months 12%
P= $6000 + $1620 = $7620
I= 7620 x 12% x 3 /100 = $2,743.2
Interest after for last 3 months 9%
P= $7620 + $2743.2 = $10,363.2
I = $10,363.2 x 9% x 3 / 100
= $2798.064
Principal after 9months
= $13,161.264
Answer:
d. encoded
Explanation:
Based on the information provided it can be said that Jason should have considered who his audience was when he encoded the message. Encoding a message refers to converting the regular text into a cryptic or coded form that only specific people would be able to decode or understand. Which in this scenario his "text slang" would mostly be understood by people who use the same encoding as him, but not his mother.
Answer:
WACC = 0.06192 or 6.192%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure which can comprise of one or all of the following components namely debt, preferred stock and common stock.
For a company with 2 components of capital structure, the formula for WACC is,
WACC = wD * rD * (1 - tax rate) + wE * rE
Where,
- wD and wE is the weight of debt and equity
- rD and rE is the cost of debt and equity
- we use the after tax cost of debt so we multiply the rD by (1 - tax rate)
Total weight of capital structure = 1 + 4 = 5
Weightage of debt = 1/5
Weightage of equity = 4/5
WACC = 1/5 * 0.04 * (1 - 0.26) + 4/5 * 0.07
WACC = 0.06192 or 6.192%
Answer:
c $109,000
Explanation:
A person's wealth is calculated by deducting their liabilities from their assets. The value left after the deduction is the person's wealth. In the above case, Jordan's wealth is calculated as;
= Assets [ Two cars + House + Cash balance + Checking account balance ] - Liabilities[ Mortgage - Car loans - Credit card balance ]
= [ $10,000 + $200,000 + $1,000 + $2,000 ] - [$100,000 + $3,000 + $1,000]
= $213,000 - $104,000
= $109,000
Therefore, Jordan's wealth is $109,000