Answer:
$258077.04
Explanation:
The cost of the house is $350,000
Apply compound interest formula
A=P(1+r/n)^nt
where
A=amount of loan after the period has elapse=?
P=principal deposit amount=$50,000
r=rate of interest in decimal form=0.07%
t=time taken for the loan to mature
n=1
A=$50,000(1+0.07)^9
A=$50,000*(1.07)^9
A=$91922.96
Remaining balance =$350000-$91922.96=$258077.04
A purchase journal would be used for the purchase of goods in credit
Oh lord I’m sorry for the confusion and I hope y’all are having church too much time too too late so I’ll be home around
Answer:
The optimal order will be of 100 units
Explanation:
We will solve this using the EOQ (economic order quantity) formula:

D = annual demand 500 units
S= setup cost = ordering cost = 50.00 dollars
H= Holding Cost = 5.00 dollars

EOQ = 100