Answer:
Our answer is 2430798.798
Explanation:
. 70% of pre-retirement salary should be equal to the interest that we get from savings(5% of savings).
Therefore, 0.7 × 173628.4856 = 0.05×savings
==> savings = 2430798.798
I guess the correct answer is Scientific Law.
Scientific Law is rule of nature that tells you what will happen under certain conditions.
Because it helps them finish whatever project they are working and helps them and thats it and plz give me thanks and brainliest if u can
Feedback Control <span>is a mechanism for gathering information about performance deficiencies after they occur.</span>
Answer:
The interest expense is $521
Explanation:
The amount of interest expense for the fiscal year is the interest expense of 31 days which ,in other words the interest incurred only in the month of July ,calculated thus:
interest expense=days in the month/360days*interest rate*loan amount
interest expense=31/360*10%*$60,500=$ 521
The interest expense for the current fiscal year rounded to the nearest dollar amount is $ 521