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3 years ago

8

Carol Miller went to Europe and forgot to pay her $880 mortgage payment on her New Hampshire ski house. For her 63 days overdue

on her payment, the bank charged her a penalty of $11. What was the rate of interest charged by the bank

1 answer:

agasfer [191]3 years ago

7 0

I think the rate of interest is 14 hope this helps

Because if you divide 880 by 63 you would just keep 14 without adding

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Green Co. produces only Product Z. As part of the annual budgeting, Green is considering whether to produce a new product. Green

RSB [31]

Answer:

Total units= 23214

Explanation:

Giving the following information:

Direct materials $1 per unit

Direct labor $100 per hour (100/500 units= $0.2)

The marketing manager decided to spend $2 per unit.

Fixed cost $55,000

Price= $4,000/1,000 units= $4.

First, we will determine the effect of the first 5000 (with the mkt expense) on the fixed costs:

5000*[4-(1+0.2+2)]= 4000 - 55000= 51000

Break-even point= fixed costs/ contribution margin

Break-even point= 51000/ [4-(1+0.2)]= 18214 units

Total units= 23214

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3 years ago

Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $113,700 paid to each employee, and FICA M

Firlakuza [10]

Answer:

Explanation:

Base on the scenario been described in the question we can calculate the following

1. Calculation of Employee’s FICA withholding for social security tax rate is 6.20%. Attachment 1 below

2.Calculation of Employee’s FICA withh... Attachment 2 below

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3 years ago

Identify the main source areas and explain two key push factors associated with the early twentieth-century peaks. Discuss how c

VikaD [51]

Explanation:

Southern and Eastern Europe became the major spring regions. Some of the big driving forces is the World War I, primarily in Europe, which enabled immigrants to join the United States. The economic conditions were another significant consideration as the prospects for jobs in the war declined.

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3 years ago

Your firm invested $2,500,000 in 190-day commercial paper today. At the end of the investment period (in 190 days) the firm will

Elena L [17]

Answer:

3.70%

Explanation:

Data given in the question

Invested amount = $2,500,000

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= (Received amount - invested amount) ÷ (Invested amount)

= ($2,592,400 - $2,500,000) ÷ ($2,500,000)

= ($92,400) ÷ ($2,500,000)

= 3.70%

It could be expressed in percentage only

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4 years ago

When driving in the city, _____ may help you avoid traffic, but they may not be as safe or they may increase your travel time be

Darya [45]

The correct answer is side streets.
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3 years ago

Read 2 more answers