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Tpy6a [65]
3 years ago
7

The annual interest rate on a credit card is 17.99%. If a payment of $200.00 is

Business
1 answer:
Iteru [2.4K]3 years ago
5 0

Answer:

It would take a total of 14.572001 Months to pay off the balance, with interest

Explanation:

$2470.04 Would take 12.6 months to pay off, therefore, you must apply 17.99% yearly interest to this figure.

$2470.04 * .1799 = $444.36 interest

Principal + interest = total

$2470.04 + $444.36=  $2914.4

$2914.4 / $200 = 14.57 months

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At September 1, 2012, Baxter Inc. reported Retained Earnings of $272,000. During the month, Baxter generated revenues of $40,000
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Answer:

$284,000

Explanation:

Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.

Given that

Baxter generated revenues = $40,000

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Net income/(loss) = $40,000 - $24,000

= $16,000

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= $272,000 + $16,000 - $4,000

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Stretch goals" can be described as
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3 years ago
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10 months ago
Once the outputs are identified in a work flow analysis, the next step involves: identifying the materials needed to generate th
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