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yuradex [85]
4 years ago
14

Mrs. Peterson’s triplets all want to attend the local private academy, where they are required to wear uniforms. Mrs. Peterson k

nows that the only way she can afford these uniforms is to shop early, put the uniforms on layaway, and pay a little every week. The total uniform cost for the three girls is $1817.75. If she put down a deposit of $600.00 and she could afford $105.00 per week, how long would it take her to pay off the uniforms? (Round to nearest whole number.)
Business
1 answer:
natita [175]4 years ago
5 0

Answer:

12 weeks

Explanation:

Data:

Let the total amount be: = $ 1 817. 75

Deposit paid  = $ 600

Amount remaining after deposit = 1 817.75 - 600

                                                      = $ 1 217.75

Amount per week                         = $ 105.00

Therefore, the time taken to pay $ 1 217.75 = \frac{1 217.75}{105.00}

                                                                        = 11.59

                                                                        = 12 weeks

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In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
Varvara68 [4.7K]

Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)

M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.

3 0
3 years ago
The accounting rate of return is computed as: a. Average annual income from the project divided by average annual investment. b.
valina [46]

Answer:

A

Explanation:

6 0
3 years ago
For insight into a government agency's understanding of the laws it administers, one should consult:
AfilCa [17]

Answer:

The agency's interpretive rules.

Explanation:

An interpretive rule can be defined as a document issued by an agency so as to help expound or clarify existing administrative laws, regulations and statutes in the public domain.

Basically, an interpretive rule is not required to meet the minimum requirements or criteria specified by the Administrative Procedure Act (APA). Also, an interpretive rule is not considered as a force of law because it is not binding on the general public.

Hence, for insight into a government agency's understanding of the laws it administers, one should consult the agency's interpretive rules for an explanation on the law and regulations it promulgated,

4 0
3 years ago
Use the following information to prepare a classified balance sheet for Alpha Co. at the end of 2016. Accounts receivable $41,08
Akimi4 [234]

Answer:

Explanation:

In the classified balance sheet, we summarize the asset and liabilities into various types

Like assets are divided into fixed assets, current assets, and intangible assets.

Likewise, liabilities are also divided into current liabilities, long term liabilities

In every balance sheet, the accounting equation has used that means

Total assets = Total liabilities + Shareholder equity

The preparation of the classified balance sheet for Alpha Co. is presented in the spreadsheet. Kindly find the attachment below:

5 0
3 years ago
If during the signing appointment the borrower divulges that the property being financed is an investment property, while the lo
Svetradugi [14.3K]

Answer:

contact the lender's representative immediately before signing the documents.

Explanation:

The above is an example of Actual or Potential misrepresentation which falls under Code of Conduct 5.10. Once a notary signing agent notices that during the signing appointment, the information provided by the borrower differs from what is on the loan document, he should immediately report such false misrepresentation (potential or actual misrepresentation or falsehood known) witnessed by the NSA in connection with a transaction to the representative of the NSA.

By contacting the lender's representative, the purpose for obtaining the loan will be confirmed whether the property being financed is an investment property or for a primary residency otherwise the notary signing agent will be held responsible for any infraction if his signature is appended because he is expected to verify the authenticity of the information provided.

7 0
3 years ago
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