Answer:
0.00175
Step-by-step explanation:
Answer:
A. -8
Step-by-step explanation:
The average rate of change can be found with the formula
[f(b) - f(a)]/(b - a) on the interval a to b
Here, a = 3, b = 5, f(a) = -10, and f(b) = -26. Plug in the values and simplify...
[-26 - (-10)]/(5 - 3)
[-26 + 10]/2
-16/2
-8
Answer:
The projected average monthly rent plus maintenance fee is $4,100
Step-by-step explanation:
In the question, we are told that the percentage lease terms state that rent is 2% of sales over $100,000
Since sales is $190,000 projected,
the percentage will be 2% of 190,000
= 2/100 * 190,000 = $3,800
we now proceed to add the monthly maintenance fee
That will be $3,800 + $300 = $4,100
Answer:
The proceeds of the note will be $150,000.
Step-by-step explanation:
To Determine:
Determine the proceeds of the note, assuming the note carries an interest rate of 10%.
Information Fetching and Solution Steps:
- On January 26, Nyree company borrowed cash from Conrad Bank by issuing a 45 day note with a face value of $150,000.
- Assume a 360-day year.
In the context of accounting, a note generally cites to a pledge - also know as agreement - to pay a certain given amount of money in the future at a mentioned date - also known as a promissory note.
The proceeds are $150,000. The reason for the logic is because proceeds equal to face value. So, note issued is at face value of $150,000. The issued note was not discounted.
Therefore, the proceeds of the note will be $150,000.
Keywords: promissory note, face value
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