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forsale [732]
3 years ago
6

If $13,000 is borrowed at 5.8% simple interest for 10 years, how much interest will be paid for the loan

Business
1 answer:
Anni [7]3 years ago
4 0

Answer:

7,540

Explanation:

Principle is $13,000

Rate is 5.8%

Time is 10 years

Therefore the simple interest can be calculated as follows

= principle × rate × time

= 13,000 × 5.8/100 × 10

= 13,000 × 0.058×10

= 7,540

Hence the simple interest is 7,540

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The general journal is used to: a. post all accounting entries not posted in other individual journals. b. post all accounting e
hjlf

Answer: The general journal is used to post all accounting entries.

Explanation:

The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.

It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.

6 0
3 years ago
Read 2 more answers
In the vast majority of commercials that advertise cleaners, a woman is shown using the product, even though the high percentage
erma4kov [3.2K]

Answer:

Sex roles are portrayed stereotypical

Explanation:

The people perceive that the household issues like cooking, washing clothes, children mentoring, etc are the jobs of the women becuase this is how they had contributed to the family in the past. So media stereotypically perceives the same way the society does and also portrays it the same way.

7 0
4 years ago
Identify a transition moment you could use to implement a new savings plan.
murzikaleks [220]

A typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

<h3>What is a Transition moment?</h3>

A transition moment is used to described a moment between an initial state and a final state.

<h3>What is savings plan?</h3>

A saving plan is any type of financial plan which aims to encourage saving of money or value for future use.

Hence, a typical transition moment one could use to implement a new savings plan is when we get an increment in salary or wages.

Read more about saving plan

<em>brainly.com/question/24824652</em>

7 0
2 years ago
Daniels Corporation uses the step-down method to allocate service department costs to operating departments.
larisa86 [58]

Answer:

C 503,980 dollars

Explanation:

\left[\begin{array}{ccccc}&General&Physical&Sales&After-sales\\$General&&2,000&27,000&14,000\\$Physical&1,000&&38,000&7,000\\$Direct \: Cost&36,550&70,300&412,500&480,880\\$Allocate G&-36,550&1,700&22,950&11,900\\$Subtotal&0&72,000&435,450&492,780\\$Allocate P&0&-72000&60,800&11,200\\$Total&&&496,250&503,980\\\end{array}\right]

We determinate each service deparment rate:

general: 36,550 / (2,000 + 27,000 + 14,000) = 0.85

we then assign cost of general department and repeat the process for physical

then for physical we do the same:

72,000 / (38,000 + 7.000) = 1.60

5 0
4 years ago
A key characteristic of pandemic influenzas is that they:
d1i1m1o1n [39]

Answer:

The correct option is D

Explanation:

A key characteristic of pandemic influenzas is that they have the ability to mutate rapidly. When the immunity of human increases the pandemic virus changes.

8 0
3 years ago
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