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professor190 [17]
3 years ago
8

Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple int

erest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year
Business
1 answer:
siniylev [52]3 years ago
3 0

Answer:

444

Explanation:

Simple Interest for a year can be calculated using

I = PRT/100

P= Principle amount

R= percent simple interest

T= time

(3700)(12)(1)/100 = 444

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How often should a financial checkup be completed
ryzh [129]

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a financial checkup should be completed annually.

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Using this feature will fit an image to the size of an image frame.
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c option

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8 0
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The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply fo
irina1246 [14]

Answer:

recruitment is the correct answer.

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4 0
4 years ago
You have a portfolio that is invested 14 percent in Stock R, 50 percent in Stock S, and the remainder in Stock T. The beta of St
pantera1 [17]

Answer:

1.41 Approx

Explanation:

The computation of the beta for the stock T is shown below:

Beta of portfolio = Respective betas × Respective investment weights

1.30 = (0.14 × 0.81) + (0.5  × 1.36) + (0.36 ×  beta of the Stock T)

1.30 =0.7934 + (0.36 ×  beta of the Stock T)

beta of the Stock T = (1.3 - 0.7934) ÷ 0.36

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8 0
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