The correct answer for this question is $20 per year until the loan is paid off
To calculate interest per year, multiply the principal basis for the rent by the interest per year then divide the value of interest per year by 12.
For simple interest on loans of 200 dollars at 10 percent interest per year, we calculate 20 dollars per year until the loan is paid off.
The difference between the beginning balance and the ending balance is the Credit of $162.03
Explanation:
The beginning balance of a bank statement is $5491.56
Total debits are $1130. In real life banking, debits mean deductions. So $1130 will be the deductions or withdrawals made through the account.
So Beginning balance less withdrawals or debits = $5491.56-1130= $4361.56
Now Ending balance is $5329.53. This means that some amount has been credited or deposited in the account which takes the balance from $4361.56 to $5329.53.
So this can be found out as follow:
$5329.53 - $4361.56 = $967.97.
So the difference between the beginning and the ending balance is $5491.56-$5329.53=$162.03, which can also be calculated as:
1130-967.97=162.03 Dollars.
Learn more about Financial Accounts:
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Answer:
John Adams
Explanation:
Although he was one of the Patriot leaders in Boston, the 35-year-old Adams believed that it was vital that the British soldiers and their captain receive fair trials.
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Answer:
the answer for this problem is econmist
Explanation:
Explanation:
Motivations for colonization: The French colonized North America to create trading posts for the fur trade. Some French missionaries eventually made their way to North America in order to convert Native Americans to Catholicism. ... The French in particular created alliances with the Hurons and Algonquians.
