Answer:
18.25% Maximum annual interest rate of that Mahan would be willing to pay in order to borrow the money necessary to settle the account payable
Explanation:
Discount offered = 2%
Discount Period = 20 days
Mahan company can avail discount on 20th day. so the number of day the loan will last are 40 ( 60 - 20 ) upto their credit period. Number of days in a year are considered as 365 days .
Maximum Discount = (2% / 40) x 365 = 18.25%
The correct answers are lower and stronger in that order
The correct answer in the space provided is product value.
It is because the product value can be described in the way of how the product
in which the students buy a degree is a way of enhancing their ability in
finding a job after graduation in which is one example of demonstrating or
showing a product value.
It is a true statement that people receive an unemployment insurance benefit payment for more than 21 weeks.
<h3>What is an
unemployment insurance benefit payment?</h3>
This is a benefit that provide a temporary financial assistance to the unemployed workers who meet the requirements of State law.
In most states, the workers are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program.
Therefore, It is a true statement that people receive an unemployment insurance benefit payment for more than 21 weeks.
Read more about insurance benefit
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