Answer:
1,073.54 total interest
Explanation:
39,000 x 9% x 80days/360 = 780 interest expense
Payment 4,200 - 780 = 3,420 deducted form the note:
39,000 - 3,420 = 35,580
35,580 x 9% x 33/360 = 293.54 interest expense
6,200 - 293.54 = 5,906.47 deduced form the note
35,580 - 5,906.47 = 29,673,53
293.54 interest expense
780 interest expense
1,073.54 total interest
And what do you mean by TFC?
The Trilateral Frigate Cooperation?
Takes money to make money so somethings starting off that also how good are the employees in the first place? is it worth $20? why not $15 and get 2 helping hands depending on the size of your business and the payment plan for your building.
A mixed economy is where both private businesses and the government influence the factors of production.
The case filed by Gerwin against Baker will be null and void, as thee is no existence of any legal contract between the parties as such.
<h3>What is a legal contract?</h3>
A contract is said to be a legal one when the party who is presented with such an offer accepts on the terms and with a condition that the offer must be for legal activities.
In case when any of the criterion mentioned above are not followed by the offeror or the offeree, then in such case, any lawsuit filed against the plaintiff will be considered as null and void.
Hence, it can be concluded that there is no legal contract between Gerwin and Baker, and thus their cases are null and void.
Learn more about a legal contract here:
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Answer:
31.12
Explanation:
Given that,
Growing at a constant rate = 6.5%
Firm’s last dividend, R = 3.36
Required rate of return = 18%
Expected dividend next year = 3.36 × (1 + 6.5%)
= 3.5784
Market value of stock:
= Expected dividend next year ÷ ( required return - growth rate)
= 3.5784 ÷ (0.18-0.065)
= 31.11652
= 31.12
