She would have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .
Simple interest
10000 x .07 = 700
700 x 5 = 3500
total 13500
Compund interest
10000(1.06)^5 = 13382.26
13500 - 13382.26 = 117.74
118 rounded
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Answer: short selling
Explanation: In simple words, short selling refers to the process in which an individual borrows stock from its holder with the promise of giving it back after a specific time and at a specific price, after borrowing he or she sells the stock at the current market price and expects that the price of stock will decrease in future.
The borrower then purchases the stock at a lower price and gives it back to the lender with the margin profit in his or her pocket. Short selling works like a speculation but only market experts do such activity due to high risk involved.
Such processes are of high value to the market as they result in creation of liquidity.
Answer:
of labor
Explanation:
situations where people are coerced to work for little or no remuneration, often under threat of punishment
Answer:
b. are willing to buy at various prices.
Explanation:
The demand of good in economics is clearly the goods that people want and are ready to pay different prices for such goods.
The goods are valuable to different people depending upon their different needs and shall be of different satisfaction to different people.
People will pay for the good according to the capacity and need.
The demand of goods does not mean the number of goods to be bought when can be received free of cost. This is because that might include the un-necessary wants of a person, but not the real demand.
Answer:
Sales revenue 728,400
Sales R&A (25,320)
Delivery Expense (12,780) * considered freight-out
sales discount <u> (12,380) </u>
net sales: 677,920
sales revenue 728,400 debit
income summary 728,400 credit
--to close revenues accounts--
income summary 50,480
Delivery Expense 12,780
Sales Returns and Allowances 25,320
Sales Discounts 12,380.
--to close the contra account to sales---
Income summary 677,920
Retained Earnings 677,920
Explanation:
