un u get the numbers then subtract them and come good with the answer
That is true,however; they are not your own and you are doing yourself a disservice. Grades aren't everything.
Answer: The answer is given below
Explanation:
From the question, we are informed that on March 3, Sheridan Company sells $707, 700 of its receivables to National Factors Inc. National Factors Inc. assesses a service charge of its receivables to Western Factors Inc. Western Factors Inc. assesses a service charge of 5% of the amount of receivables sold.
The entry on Sheridan Company books to record the sale of the receivables has been prepared and attached. It should be noted that the service charge expense was calculated as:
= 5% × $707,700
= 0.05 × $707,700
= $35,385.
Other information has been attached.
Answer:
$466,680.
Explanation:
The annual interest rate is 6.04%. It is compounded anually.
The number of periods is 2*4.5=9 semesters.
The interest rate per period is i=0.0604/2=0.0302.
The annuity factor is:

Then, the capital that is needed to be invested now to get $60,000 for 4.5 years is:

An account number is the primary identifier for ownership of an account. The account number 13 tells you that the account is the 13th account in the ledger. You can find your account number on your checks (see below) or in the top right corner of your statement, directly below the date range. Correct answer: A