Answer:
$ 226.04
Explanation:
Given:
Paying fund, FV = $ 30000
Interest rate, i = 2%
Time, t = 10 years
Now,
since, the payment is made monthly
thus,
n = 10 × 12 = 120 months
i = 2% / 12 = 0.02 / 12
on substituting the values in the above equation, we get
or
PMT = $ 226.04
Answer:
$16,700
Explanation:
The computation of the ending balance in the allowance for doubtful account is shown below:
= Unadjusted credit balance + Net credit sales × estimated bad debt percentage
= $4,100 + $210,000 × 6%
= $4,100 + $12,600
= $16,700
We simply added the unadjsuted credit balance and estimated amount after considered the estimated bad debt percentage
"What I can do is" because it sounds a little aggressive.
Answer:
b. enforce the policy or recover the amount of the premiums paid.
Explanation:
Petra being a a member of the class of persons protected by the statute is a big advantage. This translates to lesser or no punishments at all for defaulting the set rules and protocols of insurance in his/her state.
This means Petra can either enforce the law as a top person or recover the amount of premiums paid.
I say to look it up on the internet.