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3 years ago

Francisco's credit card has an APR of 13%, calculated on the previous

Business

1 answer:

lora16 [44]3 years ago

5 0

Answer:

$279.53

Explanation:

The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:

Principal paid =

$47.67+$47.23+$46.80+$46.37+$45.94+$45.52

=$279.53

Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.

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If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration __________ the wages of low-skilled

Andreas93 [3]

Answer:

Option B: will reduce

Explanation:

Immigration is simply movement from one country to another with the intention of staying. Immigrant are coming into the US yearly .

If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration reduce the wages of low-skilled workers as they are too much and wages will have to fall.

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3 years ago

What was A contract between the government and a private producer.

Taya2010 [7]

Answer:

government contract

Explanation:

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3 years ago

One of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or recei

maxonik [38]

Answer:

Future value

Explanation:

Future value is the value an assets as currently based on the assumed rate of its growth or increase.

Determining the future value of money or an investment helps one to make calculated decisions on what to get from the purchasing power of such money or how much the investment will be worth in the future.

Future value is calculated using

FVi=PV (1+I)n

Where

FVi is the value at the end of a particular period.

PV is price value.

I is the interest rate.

n is the number of compounding periods.

4 0

4 years ago

Read 2 more answers

Seven months ago, you purchased 580 shares of Mitchum Trading for $70.53 per share. The stock pays a quarterly dividend of $.39

Marina CMI [18]

Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.

<h3>How much dividend income was received?</h3>

The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.

The amount received is:

= Number of share x Number of quarters x dividend per quarter

= 580 x 2 x 0.39

= $452.40

Find out more on dividends at brainly.com/question/25845157.

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2 years ago

Alpine Energy Corporation has 1,500,000 shares of $40 par common stock outstanding. On August 2, Alpine Energy declared a 4% sto

Flauer [41]

Answer:

The Journal entries are as follows:

(a) On August 2,

Stock Dividends A/c (1,500,000 × $70 × 4%) Dr. 4,200,000

To Stock dividend distributable (1,500,000 × $40 × 4%) 2,400,000

To Paid in Capital in excess of par- Common stock 1,800,000

(To record the stock dividend)

(b) On September 15,

No entry required

Stock Dividend distributable A/c Dr. $2,400,000

To Common stock $2,400,000

(To record the stock dividend issued to stockholders)

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3 years ago