Al Small is charged 3 points on a $60,000 $100,000. The points in dollars cost Al: O a. $1,080 Ob. $3,000 OC. $600 O d. $1,800

Q: How do you calculate 2/10 net 30 on $112,000

A: Note: 2/10, n/30: Here, 2 represent the discount rate if payment is made within ten days. And if…

Q: Using the tables found in the textbook, determine the difference between the monthly payments on a…

A: The computation of monthly payment is as follows:

Q: An item is purchased for​ $2500 with a down payment of​ $500. There is a finance charge of $ 150…

A: Purchase Price = $2,500Down Payment = $500 Calculation of Loan Amount (PV):

Q: Three friends buy a secondhand equipment that costs P120,000.00. They pay P40,000.00 down and the…

A: Monthly Installment on loan: A set payment amount paid by a borrower to a lender at a predetermined…

Q: 8. A company pays one of its employees $800 per week. How much is the amount withheld from his pay…

A: Given data 8. Employee's check per week = $800 9. Purchase price of washing machine = $6,000 Useful…

Q: At the end of March, account balances are: 190 Def. VAT: 20.000 TL. 191 Ded. VAT: 30.000 TL, 391…

A: VAT:-VAT stands for Value-added tax. It is considered as the consumption tax that is placed on a…

Q: From this partial advertisement: $123.86 per month for 60 months $5,200 used car cash price $50 down…

A: please like the answer your response matters a) amount financed $5150 5200-50   finance charge…

Q: 2 ABC Ce Fasn tincomepr S15 E$150.000. The ne pretit margmta erer the compan

A: Net Profit Margin = Net Income /Sales Net Income =$15000 Sales =150000

Q: Here is the information that the purchasers have given you: Gross salary of Mr. Buyer: $98,000 Gross…

A: Step 1: Gross debt amount=32%×Gross income=$98,000+$46,000×32%=$46,080 Step 2: Gross debt…

Q: In order to purchase a home, a family borrows $30,000 at 2.25% for 3 yr. What is their monthly…

A: For the purchase of large ticket items like a house or a car etc. we usually take loans. The loan…

Q: ! Required information Problem 04-46 (LO 04-3) (Algo) [The following information applies to the…

A: Business income refers to the amount that is earned from operations or day-to-day activities. These…

Q: Jason Bradley decided to buy a home for $271,000. His bank requires a 25% down payment. His…

A: Given: Particulars Amount Cost of house $271,000 Down payment 25% Recording of the deed…

Q: A house costs Php 2 500 000 cash. A purchaser will pay Php 1 200 000 cash and a sequence of 8 equal…

A: Cost of house = Php 2,500,000 Down payment = Php 1,200,000 Number of payments = n = 8 Interest rate…

Q: mountain bike can be purchased for $1000 cash. It may also be purchased for 12 monthly payments of…

A: A loan obtained can be repaid in equal payments which can be made after a regular period like…

Q: As part of a grant you are writing, you need to order 25 cases of paper. A company sells paper for…

A: Cost : Cost has different meaning in different contexts. It has different meaning to a consumer,…

Q: Amou it Financed Calculate the Monthly principal and Interest (Round dallars to necrest Cent)…

A: Given, Loan amount is 240,000 Interest rate is 7.50%

Q: If your brother received a straight commission of 6% amounting to 20,000, how much was his total…

A: Sales is the term which is defined as the transaction among two parties or more parties, under which…

Q: The interest accrued on $7,500 at 6% for 90 days is: (Use 360 days a year.) Multiple Choice O O…

A: Solution: Principal amount = $7,500 Interest rate = 6% Period = 90 days

Q: Pミキo, $10,000 n=? i =3% A= $1000

A: The present value of an annuity is the cash value of all future annuity payments, at a given…

Q: Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The sales tax rate is 6%.…

A: Formula: Sales tax amount = Total purchase value - original goods value

Q: A jewelry store in Lanberry bought a gold ring for $550 and marked it up 50% from the original cost.…

A: Original Cost: The original cost refers to the initial price at which an item, in this case, the…

Q: The interest accrued on $7,500 at 6% for 90 days is: (Use 360 days a year.) Multiple Choice $450.00.…

A: Interest accrued = Principal x rate of interest x No. of days / 360 days

Q: Bought delivery van P850,000 terms 20% down and the balance payable in one year.  Required: 1.…

A: General journal: It is the initial step to record all the transactions in a general journal before…

Q: Megan Mei is charged 2 points on a $120,000 loan at the time of closing. The original price of the…

A: Two points here represent 2% cost . Cost can be calculated Cost in dollar =Original price of…

Q: 9. Penny wants to save $2500 in one year. What amount must she save from each paycheque if she is…

A: Biweekly indicating the  payment made once in two weeks. Here, we can identify the required value of…

Q: After all noncash assets have been converted into cash in the liquidation of the AA and JJ…

A: After Distribution of P25,000 to account payable the remaining liability is 9000 toward the Loan…

Q: sales. He sold goods worth RO 15,000 in a month. What is his gross pay if he takes a draw of RO 500?…

A: Ans. In case a person takes a draw from his gross pay then from the amount  which is due to him, the…

Q: Al Ree bought a new delivery truck for $18,000. Al put a down payment of $4,000 and paid $270…

A: Total payment = Down payment + Monthly payment x no. of month = $4000 + $270 per month x 60 months =…

Q: Question: A debenture of $100 each is issued at $90 per debenture. How much is the discount? A. $0…

A: Lets understand the basics. If debenture is issued for less than the face value of debenture then…

Q: points Karl works at Moe's grocery. This year Karl was paid $43.000 in salary but he was allowed to…

A: Gross income indicates the amount of payroll before any deduction. It is the total basic salary and…