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mel-nik [20]
3 years ago
15

On August​ 14, Park Avenue Bank lent​ $210,000 to City Coffee Shop on a 75​ day, 4% note. What is the maturity value of the​ not

e? ​ (Use a 365minusday year. Do not round intermediate​ calculations, and round your final answer to the nearest​ dollar.)
A. $218,400
B. $211,726
C. $211,750
D. $210,000
Business
1 answer:
Anna007 [38]3 years ago
4 0

Answer:

B

Explanation:

Interest - (principal x time x rate) divided by 100

where time is  expressed in days relative to 365 days in a year and rate expressed as percentage. Principal is the sum lent out

Interest = <u> 210,000 x 75 x 4</u>

                    100 x 365

               = $ 1 726

add the interest to the principal to get the maturity value = 1 726 + 210,000= $211,726

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USPshnik [31]

Answer:

The correct answer is letter "A":  Title; author’s name; name of report; name and organization of the receiver; author’s title; date of submission.

Explanation:

The title page is the front page that starts every formal report. It gives the first impression on how well structured the study has been compacted and provides an overall idea of what is the report going to be explaining. The correct order of information that must be included is:

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Some of them include an <em>abstract </em>at the bottom of the page adding a brief summary of the content, usually to attract the reader.

7 0
2 years ago
The major brand strategy decisions a firm has to make in building a strong brand begins with brand​ ________ and is followed by
maw [93]
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3 0
3 years ago
Several years ago a city established a sinking fund to retire an issue of general obligation bonds. This year the city made a 55
Amanda [17]

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Explanation:

The Sinking fund is a Debt Service Fund as it was created to retire some general obligation bonds. Every transaction that had to do with the retirement of debt as well as contribution to the retirement of debt would go in this account.

The General fund is also needed because this is the main fund of a Government entity. Everything that does not go through special funds is recorded here. This Fund therefore would show that the city made a $550,000 contribution to the sinking fund.

4 0
3 years ago
Bargaining associations are required to bargain without making any threats against buyers. true false
Debora [2.8K]

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. The given statement is true.

<h3>What is Bargaining associations?</h3>

The three primary categories of negotiation subjects are obligatory, permissible, and unlawful. The required category includes wages, health and safety, management rights, working conditions, and benefits. Topics that are permitted during the process are ones that are not required but may be discussed.

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. This can then encourage teamwork, boost productivity inside the company, and support stronger economic demand.

Union members typically receive greater wages, better health and pension benefits, and better working conditions. For people who decide to work in education, the advantages of unionization are essential. NEA members use collective bargaining to fight for causes other than their own financial stability.

To negotiate our union contract with the employer, including our pay, benefits, hours, holidays, sick days, staffing levels, seniority, safety, supplies, and other working conditions, a group of union members—our Bargaining Team—sits down with management.  The given statement is true.

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6 0
1 year ago
Help pleaseeeeeeeeeeeee
valkas [14]

Answer:

Income

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A budget shows a plan of how one will spend their income. It is, therefore, a plan of expenditure.  A budget shows total expected income on one side and projected expenditure on the other side. The budget is balanced when income and expenses are equal.

6 0
3 years ago
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