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Softa [21]
2 years ago
14

The following table shows the first segment of a five-year amortization schedule. A 5-year amortization schedule. The amount of

interest paid for months 1 through 12 are: 99. 03, 97. 73, 96. 42, 95. 10, 93. 78, 92. 44, 91. 09, 89. 73, 88. 36, 86. 98, 85. 58, 84. 18. After one year of payments, how much has been paid to interest? a. $1,100. 42 b. $1,010. 16 c. $1,188. 34 d. $1,241. 18.
Business
1 answer:
Tasya [4]2 years ago
7 0

Amortization is a method applied to periodically lower the book value of an intangible asset over a specified period of time. After one year of payment, the total interest would be $1,100.

<h3>What is amortization?</h3>

Amortization means scattering payments over manifold periods. The term is used for two discrete processes. Amortization of loans and amortization of assets.  

In the last-mentioned case, it refers to delegating the cost of an intangible asset over a period of time.

The total amount of interest that would be paid in the first year is $1,100 which is shown in the image given below.

Therefore, the amount of total interest payment would be $1,100.

Learn more about amortization, refer to:

brainly.com/question/7274714

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Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable
labwork [276]

Answer:

description of the land

Explanation:

According to my research, many states need for a land sale contract to include a description of the land in order to be able to make the contract enforceable. This is just like when you buy a car, you would like to have photos of the car for the sale. Description as well as photos provide a better understanding of what is being sold.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
HELP PLZ NO DOWNLOADS OR LINKS IT WILL BE REPORTED AND ANY UNHELPFUL ANSWERS
pochemuha

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6 0
3 years ago
"Mrs. Smith operates a business in a competitive market. The current market price is $8.10. At her profit-maximizing level of pr
STALIN [3.7K]

Answer:

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

Explanation:

According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,

price = $8.10

avg variable cost = $8.00

avg total cost = $8.25

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

8 0
4 years ago
Read 2 more answers
Zurasky Corporation is considering two alternatives: A and B. Costs associated with the alternatives are listed below: Alternati
allochka39001 [22]

Answer: $57,600

Explanation:

The differential Cost of Alternative B over Alternative A can be calculated by subtracting the various costs of Alternative B from A and then summing them up.

Materials

= Alternative B costs - Alternative A Costs

= 56,000 - 24,000

= $32,000

Processing Costs

Alternative B costs - Alternative A Costs

= 30,000 - 30,000

= $0

Equipment Rental

= Alternative B costs - Alternative A Costs

= 28,100 - 10,200

= $17,900

Occupancy Costs

= Alternative B costs - Alternative A Costs

= 26,800 - 19,100

= $7,700

Adding them all up we get,

= 7,700 + 17,900 + 32,000

= $57,600

$57,600 is the differential cost of Alternative B over A.

8 0
3 years ago
Exit read the copy from a television advertisement, and then answer the question. "at first i wasn't sure i could make it happen
Schach [20]
B. using an emotional appeal to help sell the product.
4 0
3 years ago
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