Answer:
$16,204.91
Explanation:
The computation of the annual payments would be equal to
= Borrowed amount from the bank ÷ present value of an annuity factor for 3 years at 10%
= $40,300 ÷ 2.4869
= $16,204.91
We simply divide the borrowed amount from the bank by the present value of an annuity factor for 3 years at 10 so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
$11,940
Explanation:
The computation of the paying amount is shown below:
= Sale value of the equipment - discount charges + freight charges
= $12,000 - $360 + $300
= $11,940
The discount charge is
= Sale value of the equipment × discount rate
= $12,000 × 3%
= $360
We simply deduct the discount and added the freight charges to the sale value of the equipment so that the actual value could arrive
Answer:
Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture. ... See Circular 1, Copyright Basics, section "What Works Are Protected."
Explanation:
Answer:
The correct answer is letter "C": Entire Contract.
Explanation:
The entire contract is the clause in an insurance contract that establishes that both the insured and the insurer are bound by the terms and conditions stipulated in the contract. In other words, only what is stated in the contract are the benefits and obligations of both parties and nothing else outside of it.