Answer:
$278
Step-by-step explanation:
8% of 29,250 = 2340
8% of 32,725 = 2618
2618 - 2340 = 278
she earned $278 dollars more in march than in february.
Answer:
6%
Step-by-step explanation:
I = Prt, so r = I / (Pt)
t = 9 months / 12 months = 0.75
r = $18 / ($400 * 0.75) = 0.06, or 6%
Answer:
2*2*2*3*5
Step-by-step explanation:
It is saying that 120 is the same as 24*5, and that 24* 5 is the same as 5 *2*12, which is that same as 5*2*3*4, which is then the same as 5*2*3*2*2.
Answer:
The debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
Step-by-step explanation:
The assignment of how much is owed to the responsible party is the major reason of a proration.
For the days owned by the seller, the buyer needs money from the seller since the buyer will pay the taxes at end of the year.
Amount per day = Annual tax bill / 365 = $2800 / 365 = $7.67
Total number of days from January 1 to a day before March 5 = Number of days in January + Number of days in February + Number of days from March 1 to March 4 = 31 + 28 + 4 = 63
Amount the seller owes for the time he owned = Amount per day * Total number of days from January 1 to a day before March 5 = $7.67 * 63 = $483.29
Therefore, the debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
