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2 years ago

How can you get your money back if you send a p2p payment to the wrong person?.

1 answer:

7 0

When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.

<h3>What is P2P Payment?</h3>

P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.

When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.

Learn more about P2P Payment here:

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Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c

madam [21]

Answer:

a. Accounts Receivable (Dr.) $93,000

Bonus Receivable (Dr.) $2,325

Service Revenue (Cr.) $95,325

b. Service Revenue (Dr.) $9,300

Bonus receivable (Cr.) $9,300

c. Accounts Receivable (Dr.) $93,775

Bonus Receivable (Dr.) $775

Service Revenue (Cr.) $93,000

d. Cash (Dr.) $29,000

Bonus Receivable (Cr.) $29,000

Explanation:

The contract between Burger Boy and Velocity is for eight months.

Expected value of the contract on 1st month is :

80% * [ $93,000 * 8 months + $31,000 ] + 20% [ $93,000 * 8 months - $31,000] = $762,600

The expected value per month is $762,600 / 8 months = $95,325 per month

Expected value of the contract 5th month with revised probability is :

60% * [ $93,000 * 8 months + $31,000 ] + 40% [ $93,000 * 8 months - $31,000] = $750,200

The expected value per month is $750,200 / 8 months = $93,775 per month.

5 0

3 years ago

record the adjusting entry for recording the interest due on a note payable liability. assume that the company has a $2400 note

almond37 [142]

record the adjustment for interest due for one month's worth of interest

Interest=( 2400×5/100)×1/12

= $10

In finance and economics, hobby is a price from a borrower or deposit-taking economic group to a lender or depositor of an amount above reimbursement of the major sum (that is, the quantity borrowed), at a specific price. It is awesome from a charge that the borrower may additionally pay the lender or some 1/3 party. It's also distinct from a dividend that is paid by a business enterprise to its shareholders (proprietors) from its earnings or reserve, however not at a specific fee decided in advance, rather on a seasoned-rata foundation as a percentage inside the praise gained by using threat-taking entrepreneurs while the revenue earned exceeds the overall expenses. For example, a consumer could normally pay interest to borrow from a financial institution, so they pay the financial institution an amount that is more than the amount they borrowed, or a customer can also earn hobby on their savings, and so they'll withdraw extra than they firstly deposited. In the case of savings, the patron is the lender, and the bank plays the position of the borrower.

Learn more about interest here

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7 0

1 year ago

Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.

kaheart [24]

Answer:

Given:

Amount = $5000

Tenure = 5 years.

Future value = $Present value\times (1+r)^{n}$

where

n is number of periods

r is rate per period.

(a) 6% compounded annually.

Interest is compounded annually

No of periods in 5 years = 5

Future value = 5000 $(1+0.06)^{5}$ = 5000 × 1.33823 = $6691.15

(b) 8% compounded annually

Interest is compounded annually

No of periods in 5 years = 5

Future value =5000 $(1+0.08)^{5}$ = 5000×1.46933 = 7346.65

Interest is compounded annually

No of periods in 5 years = 5

Future value = 5000 $(1+0.10)^{5}$ = 5000×1.61051 = $8052.55

(d) 10% compounded semiannually

Interest is compounded semiannually

No of periods in 5 years is 5*2 = 10

Rate per period = 10÷2 = 5%

Future value =5000 $(1+0.05)^{10}$ = 5000×1.62889 = $8144.45

(e) 10% compounded quarterly

Interest is compounded annually

∴No of periods in 5 years = 5×4 = 20

Rate per period = 10÷4 = 2.5

Future value = 5000 $(1+0.025)^{20}$ = 5000×1.63862 = $8193.10

5 0

3 years ago

When designing a case management solution to increase agent productivity, which service cloud features should you consider first

ch4aika [34]

<span>You should consider "Case queues" and "Case assignment rules" first w</span><span>hen designing a case management solution to increase agent productivity.

In order to design a case management solution, distinguish what client undertakings are expected to achieve the principle client objective. Choose what business level assignments and steps you need, and afterward assemble those undertakings and steps into a case.
</span>

8 0

3 years ago

The U.S. Post Office charges 40 cents for the first ounce and 25 cents per ounce for each additional ounce. Use an inequality to

Leni [432]

Answer:

15 ounces.

Explanation:

The first ounce is worth 0.40, and the additional x ounces are worth 0.25 each. So, the inequality should be Y > A + B * X, where Y is equal to 4, A is the value of the first ounce (0.4), B is the value of the additional ounces (0.25) and x is the quantity of additional ounces.

4 > 0.4 + x * 0.25
4 - 0.4 > 0.25x
3.6/0.25 > x
14,4 > x

14 is the maximum of additional ounces that can be mailed, we have to add the first one, for a total of 15 whole ounces that can be mailed for no more than $4.

8 0

3 years ago