Answer:
$2592
Explanation:
Let the amount of loan applied for by both person be $x and $y respectively. If their loan differs by $72 each month, the second person would have applied for $(x+72) each month.
Amount applied by first person will be $x at the end of first month
Amount applied by second person will be $(x+72) at the end of first month
At the end of 36 months, the amount applied for by the first man will be $36x
At the end of 36 months, the amount applied for by the second man will be $36(x+72)
First person 'x' =$36x
Second person 'y' = $36(x+72)
If x pays $36x
y will pay $(36x+2592)
Their difference will become
$36x+$2592-$36x
= $2592
The person with the lower credit score will pay $2592 at the end of the 36-month loan
Answer:
False.
Explanation:
A networking letter can be defined as a type of cover letter or a job-hunting tool written to friends, friends of friends, or professionals in the author's job network to request assistance and support such as introductions, job leads, meetings, referrals and career advice.
Generally, it is advisable to draft and send out different networking letters to the members in your job network.
Hence, the same networking letter shouldn't be sent to every member of a job network so as to increase one's chance of getting a favorable and positive response.
Answer:
$140,880
Explanation:
Taxable Income:
= Pre tax financial income - Interest income from municipal bond - fine for dumping hazardous waste + Depreciation as per books - Depreciation as per income tax
= $553,000 - $74,000 - $25,000 + $62,400 - $46,800
= $469,600
Therefore,
Income tax payable = Taxable Income × Tax rate
= $469,600 × 30%
= $140,880
Answer:
If the company has no preferred stock the formula for finding the earning per share of a company is to divide net income by the average common shares outstanding. Because by doing this we can find out how much the company earned per share.
EPS= Net income/ Average common shares outstanding.
EPS= 32,830/9800= 3.35
The answer is $3.35 is the earnings per share Mayan Company.
Explanation:
Answer:
5.82%
Explanation:
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.
Face value = F = $1,000
Assuming Coupon payments are made annually
Coupon payment = $1,000 x 7.35% = $73.5
Selling price = P = $1,130
Number of payment = n = 12 years
Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Yield to maturity = [ $73.5 + ( $1,000 - $1,130 ) / 12 ] / [ ( $1,000 + $1,130 ) / 2 ]
Yield to maturity = [ $73.5 - 10.83 ] / $1,065 = $62.67 /1,065 = 0.0588 = 5.88%