1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitry [639]
3 years ago
7

Sylvestor Systems borrows $107,000 cash on May 15 by signing a 60-day, 6%, $107,000 note.

Business
1 answer:
sladkih [1.3K]3 years ago
3 0

Answer:

14th July

Explanation:

The computation of the maturing date of the note is calculated below:

The Sylvestor Systems borrows the amount of $107,000 on May 15 at a 6% interest rate and the mature days of the note are 60 days  

So, the maturity date would be

= 16 days in May month + 30 days in June month 14 days in July month

Therefore, the note is matured on 14th July

We simply calculated the 60 days from May to July months

You might be interested in
Principal components of a master budget include a.production budget b.capital expenditures budget c.sales budget d.All of these
murzikaleks [220]

The principal components of a master budget include D. All of the above.

<h3>What is a budget?</h3>

A budget simply means an estimate of the income and expenditure for a particular period.

In this case, the principal components of a master budget include production budget, capital expenditures budget, and sales budget. Therefore, it's all of the above.

Learn more about budget on:

brainly.com/question/24940564

4 0
2 years ago
You receive payments at the end of each Quarter starting at the end of Quarter 1 and lasting 6 years (so the last payment you re
OleMash [197]

Answer:

PV = PMT [(1 - (1 / (1 + r)ⁿ)) / r]

Where:

PV = The present value of the annuity

PMT = The amount of each annuity payment

r = The interest rate

n = The number of periods over which payments are to be made

PV = PMT [(1 - (1 / (1 + r)ⁿ)) / r]

     = 1000 [(1 - (1 / (1 + 0.0083)²⁴)) / 0.0083]

     = 1000 [(1 - (1 / 1.2194)) / 0.0083]

     = 1000 [(1 - 0.8201) / 0.0083]

     = 1000 [0.1799‬ / 0.0083]

     = 1000 * 21.6747

PV = $ 21,674.70

Explanation:

Since the annuity is compounded monthly

r = 10% / 12 = 0.83%

n = 24

4 0
4 years ago
Read 2 more answers
Barry has $22,000 in a savings account with the Scott Credit Union. While economic conditions have caused financial institutions
cluponka [151]

Answer:

The correct answer is letter "D": National Credit Union Administration (NCUA).

Explanation:

The National Credit Union Administration or NCUA supervises the operations of federal credit unions across the United States of America. The main duty of the organization is to manage the <em>National Credit Union Share Insurance Fund</em> (<em>NCUSIF</em>) which insures the deposits of the federal credit unions in front of different issues that can take place.

7 0
4 years ago
Marilyn​, a medical ​student, buys two cups of coffee a​ day, which costs her ​$5.00. She decides to buy one more cup each day a
PSYCHO15rus [73]

Answer:

The marginal cost to Marilyn of a cup of coffee is $2.50

Explanation:

Marginal cost = change in cost/change in quantity = $7.50 - $5.00/3 - 2 = $2.50/1 = $2.50

8 0
3 years ago
If you see a large group of stranded passengers standing next to a disabled bus, and you have only three seats in your car, deci
pashok25 [27]
I would say it would deal with one's humanity to man to decide who to rescue with only three seats to fill in other words, the best choice would be to rescue the elderly and/or women with babies or small children, or the sick to help those most in need. 
5 0
3 years ago
Read 2 more answers
Other questions:
  • Preparing adjusting entries LO P1, P3, P4
    6·1 answer
  • Under variable costing income statements, product cost would include Direct materials only Direct materials, direct labor and fi
    11·1 answer
  • Work in process inventory on December 31 of the current year is $44,000. Work in process inventory increased by 60% during the y
    7·1 answer
  • Stockholders' equity as reported on the firm’s balance sheet = $2 billion, price/earnings ratio = 14.5, common shares outstandin
    9·1 answer
  • For more than 20 years, the Fed has used the federal funds rate as its monetary policy target. It has not targeted money supply
    6·1 answer
  • Ryan estimates that he drove approximately 1,300 miles on business trips, but he can only provide written documentation of the b
    5·1 answer
  • asper makes a $28,000, 90-day, 8.5% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is: (U
    15·1 answer
  • Suppose that in an​ economy, investment is​ $160 billion, saving is​ $140 billion, government expenditure on goods and services
    6·1 answer
  • A relevant cost ______. Multiple select question. differs between alternatives is always an opportunity cost pertains to the fut
    5·1 answer
  • Who are the stakeholders who should be involved in the system and acquisition process?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!