Consumption consists of spending by households on goods and services, with the exception of purchases of new housing
Answer:
The accrued interest is $2,520
Explanation:
The computation of accrued interest is shown below:
= (Notes payable amount) × (interest rate) × (number of months ÷ total number of months in a year)
= ($42,000) × (8%) × (9 months ÷ 12 months)
= $2,520
The 9 months is computed from April 1, 2016, to December 31, 2016
. Moreover, all the item values are to be considered in the computation part.
Answer:
Explanation:
for Class C vehicles – available to 16-year-olds if they have held a class CP license for at least 1 year and 1 day; have not been convicted of any major traffic violations; meet school enrollment requirements, and have completed a Driver’s Education course consisting of classroom and behind-the-wheel training. Teens not wanting to satisfy the Driver’s Education requirements may wait until they are 17 years of age to obtain their Class D license; all other requirements must be met. Required to pass a road test. Class D license holders are limited to the following conditions:
cannot operate a motor vehicle between the hours of 12:00 AM and 5:00 AM,
during the first six-month period after issuance, cannot operate a motor vehicle with any passenger who is not a member of the driver’s immediate family (defined as the license holder’s parents and step-parents, grandparents, siblings, and step-siblings, children, and any other person who resides at the license holder’s residence)
during the second six-month period after issuance, cannot operate a motor vehicle with more
than one passenger under the age of 21 who is not a member of the driver’s immediate family, and
for the remainder of the Class D license period, cannot operate a motor vehicle when more
than three passengers under the age of 21 are not members of the driver’s immediate family.
