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AlexFokin [52]
3 years ago
6

What is another term for liability? A. asset B. notes C. debt D. accounts

Business
1 answer:
Fiesta28 [93]3 years ago
6 0

Answer:

Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3

Explanation:

:3

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2 years ago
How can I benefit from taxes?
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Explanation:

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2 years ago
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How old do you have to be to get a job?
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3 years ago
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You sold 100 shares of stock today for $30 per share that you paid $20 for 6 years ago. Determine the average annual rate of ret
MrRa [10]

Answer:

7%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = 100 shares × $20 per share = $2,000

Future value = 100 shares × $30 per share = $3,000

PMT = 0

NPER = 6 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

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8 0
4 years ago
Holly loaned funds at 12or 30 days and earned $500 in interest. how much is the principal on this loan (use ordinary interest)?
Mamont248 [21]

$50,000 is the principal amount.

When you initially apply for a house loan, you borrow a certain amount of money, which is known as the principle. Simply deduct your down payment from the final selling price of your house to determine your mortgage principal.

The formula for calculating the Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.

I = $ 500

RT= .12 X 30/360

So,

P = I/RT

P= 500/0.01

P= $50,000

Holly loaned funds at 12 or 30 days and earned $500 in interest. The principal amount on this loan is $50,000

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