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grin007 [14]
3 years ago
12

The simple interest 500,000 amount to 630,000. what is the percentage rate?​

Business
1 answer:
3241004551 [841]3 years ago
4 0
26% Subtract 500,000 from 630,000. Then divide the difference by 500,000.
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Answer:

Oriole Co

Division of net income to each partner:

                                     Pitts      Filbert       Witten      Total

Total income           $33,480   $13,580    $11,940  $59,000

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a) Data and Calculations:

Net income = $59,000

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Income sharing ratio    56     :     26      :      18

Salary Allowances    $15,000   $5,000    $6,000

Shareable income      18,480      8,580       5,940

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