The answer is D.
The others equal 90
Answer:
Since on July 9, Mifflin Company receives a $ 10,200, 90-day, 6% note from customer Payton Summers as payment on account, to determine what entry should be made on July 9 to record receipt of the note the following calculation must be performed :
90 days = 3 months
6/12 x 3 = 1.5%
10,200 x 1,015 = 10,353
Therefore, a debt cancellation for $ 10,200 must be made in the company's accounting records, plus an interest generation for $ 153, which will be justified by the cash income of $ 10,353.
Expression consists of numbers, variables, and mathematical operations. The expression f(w)=5(w+4) is equal to f(9)=5(9)+20.
<h3>What is an Expression?</h3>
In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.
The expression is given to you is,
Now, if we solve the expression it can be written as,
substituting the value of w, we will get,
Hence, the expression f(w)=5(w+4) is equal to f(9)=5(9)+20.
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Answer:
Ask: To check and make sure your answer is correct
Share: Subtracting a number is the same as adding its opposite. So, subtracting a positive number is like adding a negative; you move to the left on the number line. Subtracting a negative number is like adding a positive; you move to the right on the number line.
Step-by-step explanation:
If he starts paying after four years, the worth of the loans by then is b. $31,616.16
<h3>What is a Loan?</h3>
This refers to the amount collected from a lender to be repaid after a given time, usually with added interest.
Hence, we can see that:
The effective monthly interest rate is:
i = 0.053/12 = 0.0044
The effective annual interest rate is:
i = (1 + 0.0044)^12 -1 = 0.0543
The present worth of all the loans is:
P = 6125 + 6125 (1 + 0.0543)^-1 + 6125 (1 + 0.0543)^-2 + 6125(1 + 0.0543)^-3
P = $22,671.40
If he pays them prompty, then the total lifetime cost would be
P = 22671.40 (1 + 0.0543)^4 = $31,616.16
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