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serg [7]
2 years ago
6

If Jordan makes only the minimum monthly payments in March, April, and May, what will his balance be after he makes the minimum

payment for May? (Assume that interest is compounded before the monthly payment is made, and that the monthly payment is applied at the end of the month. Round all dollar values to the nearest cent. ) a. $1,094. 10 b. $988. 97 c. $967. 60 d. $1,070. 23.
Business
1 answer:
Mariulka [41]2 years ago
6 0

Answer:

b. $988. 97 

Explanation:

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Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.40 dividend every year, in perpetuity. If thi
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Answer:

The required return is 7.92%

Explanation:

Required return is defined as the minimum return which the investor expects to accomplish through investing in the project.

The required return would be computed as:

Required return = Dividend paid each year / Selling price per share

where

Dividend paid each year is $6,40

Selling price per share amounts to 480.80 per share

Putting the values above:

Required return = $6.40 / $80.80

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I WILL GIVE BRAINLIEST
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Answer:

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Explanation:

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5 0
2 years ago
Read 2 more answers
In terms of the number of contracts as well as the dollar volume, what kind of contract constitutes the largest class of contrac
AlexFokin [52]

Answer:

The correct answer is The Sale of Goods.

Explanation:

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The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.

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3 years ago
Many conservative consumer advocates said you should not pay more than 25% of your TAKE-HOME PAY on a mortgage payment
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Answer:

True

Explanation:

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3 years ago
Consider the following account balances of Evan McGruder, Inc., as of December 31, Year 3:
Vlad [161]

Answer:

Explanation:

In the classified balance sheet, we summarize the asset and liabilities into various types

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The preparation of the classified balance sheet for Evan McGruder, Inc. on June 30, Year 3 is presented in the spreadsheet. Kindly find the attachment below:

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3 years ago
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