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
rodikova [14]
3 years ago
13

Austin borrowed $700 from a lender that charged simple interest at a rate of 9% for 6

Business
1 answer:
lukranit [14]3 years ago
8 0

Answer:

Initial capital $700

Interest rate     9%

Period       6 years

Interest paid by year: (700x0.09)    =63

Interest paid at the end of the loan: (63x6) = 378

You might be interested in
At the end of year 1, Rome Inc. held debt securities classified as available-for-sale securities. The securities were carried at
KiRa [710]

Answer:

The historical cost of the debt securities available for sale was $69,670.

Explanation:

Market value of the securities = $57,320

Cumulative unrealized Loss = $12,350

Historical cost of the securities held for sale = Market Value of the Securites + Cummulative unrealized losses

Historical cost of the securities held for sale = $57,320 + $12,350

Historical cost of the securities held for sale = $69,670

Securities Held for sale are recorded at the fairmarket value and its losses are accumulated. By adding cummulative losses of security to Maerket value of security we can calculate historical cost of the security.

8 0
3 years ago
Does the amount of effort that you put into your courses increase or decrease the marginal cost of your education? Explain your
velikii [3]

The amount of effort that you put into your courses increases the marginal

cost of your education.

Marginal cost refers to the incremental cost which is accrued as a result of

increase in goods and services.

In this scenario, amount of effort put into courses entails more time and

money spent from buying of books and other materials. This therefore

depicts an increase in the incremental and marginal cost.

Read more about Marginal cost here brainly.com/question/16615264

4 0
2 years ago
In the movie 9 to 5​, Maria Delgado worked mornings and her​ sister, who came in a few minutes before Maria​ left, worked the sa
labwork [276]
This type of flexible work arrangement is known as SHIFT.
In shift arrangement, the hours in the days are often divided equally into night and day sections, which are handle by different employees. Sometimes, a day work may be divided into three shift depending on the policies of the concerned company.

3 0
3 years ago
Read 2 more answers
Which of the following is an appropriate solution to an overspending allowance?
nika2105 [10]

Answer:

a

Explanation:

8 0
3 years ago
A prepurchase inspection is different from a pre-sale inspection in there
Luba_88 [7]
These inspections are mostly connected to property purchase. The pre-sale inspection is conducted by investors and real estate agents who deal with the property. A pre-purchase inspection is conducted by the buyer who wants to purchase the property. Both are conducted as means of security.
8 0
3 years ago
Other questions:
  • The price of a television was reduced from $250 to $200. by what percentage was the price of the television reduced?
    5·1 answer
  • A firm expects to sell 25,900 units of its product at $7 per unit. Pretax income is predicted to be $60,900. If the variable cos
    8·1 answer
  • What does trip planning help reduce
    8·2 answers
  • What impact are macroenvironmental factors likely to have on the level of student enrollments at colleges and universities over
    10·2 answers
  • Susan was conducting a group discussion in her organization. She found that the sales people and the production team had differe
    9·1 answer
  • I need help on the first question , it's asking more or less​
    8·1 answer
  • All of the following statements about the use of images on landing pages are true, except
    15·2 answers
  • Witten Corporation is a service company that measures its output by the number of customers served. The company has provided the
    10·1 answer
  • Ezmerelda jewelers has a marginal tax rate of 32 percent and an average tax rate of 20.9 percent. if the firm owes $34,330 in ta
    15·1 answer
  • Which two ways can customer service and support affect sales (choose two)
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!