Answer:
$11,009
Explanation:
Calculation to determine The amount due on the maturity date
Amount due =10900 x .06 x 1/6 = $109 + $ 10900
Amount due=$11,009
Therefore The amount due on the maturity date is $11,009
Answer:
The correct answer is letter "A": Using tabulations and enumerations.
Explanation:
There are several forms to improve the writing of a formal report. Using active voice, consistent sentences, and transitions in between sentences are some examples. When it comes to transitions they are useful to keep readers' interested. Implementing <em>tabulations and enumerations</em> at the beginning of a listing helps sentences to be linked one with another and provides the idea that after reading one sentence another is coming up.
9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.
<h3>What is annual rate interest ?</h3>
The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
To learn more about annual rate of interest refer to:
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