Answer:
C $ 596.39
total payment 7,156.68
Interest expense 2,156.68
Explanation:
6,000 - 1,000 = 5,000 amount to finance
We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.
PV $5,000.00
time 12 (6 years times 2 payment per year)
rate 0.06 (12% annual we divide by 2 to get semiannual)
C $ 596.39
The total amount paid will be the cuota times the time of the loan:
Total amount paid
596.39 x 12 = 7,156.68
The interest will be the difference between the total amount paid and the principal of the loan
Interest paid
total payment 7,156.68
principal (5,000)
Interest expense 2,156.68
Im thinking its the uk am i right
Answer:
b
Explanation:
bcoz they want to motivate the employees to
Answer and Explanation:
The computation of the advertising expense that should be record for the two month under following basis is
a. For cash basis
It should be recorded at $2,000
b. For accrual basis
= $2,000 ×2 ÷5
= $800
In this way, it should be determined
And, the same should be relevant
She would be most likely to file under SINGLE :)
Hope this helps