Company B will more than likely offer 33,000 because they are willing to go above 5000 dollars in negotiations. The other company is only willing to negotiate up to 1000.
Answer:
The correct answer is B.
Explanation:
The FASAB (Federal Accounting Standard Advisory Board) is a commitee that develops accounting standards for U.S government agencies, not for not profit entities, for all governmental entities or non-federal governmental entities.
The answer to this question is: overdraft fee
Overdraft fee is a fee that charged by the Banks everytime you make a transaction through your account.
Unlike any other option above, overdraft fee could happen more than once a day depending on how the owner use it, so it will be most likely to be the highest
Answer:
There will be 7 months of repayment for fully paying-off the outstanding amount.
Explanation:
We apply the present value formula to calculate the number of month it takes to paid off the outstanding amount.
We have:
Monthly payment = $400; Discounting period = number of months needs to paid off the amount; Discount rate = 13.99%/12
So, we have: 2,455.44 = [400/(13.99%/12)] x [1 - (1+13.99%/12)^(-n)] <=> [1 - (1+13.99%/12)^(-n)] = 0.071566 <=> (1+13.99%/12)^(-n) = 0.928434 = <=> n = 6.4
=> There will be 7 months of repayment for fully paying-off the outstanding amount.
