Matthew, the owner of a brewery in Toronto, receives a shipment of barley on August13, 2014 with an invoice dated August 9, 2014 valued at $39,000 and cash discountpayment terms 2.5/10, n/30, R.O.G. What cash discount would she receive if theinvoice is settled on the following dates?a. August 17?Round to the nearest centb. August 23?Round to the nearest centc. September 2?Round to the nearest centSAVE F9°Chp

Answered: Image /qna-images/answer/753d6e32-0dc8-437b-b34d-45754514fe0b.jpg

Answered: Matthew, the owner of a brewery in…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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7. Snow-House sells a $1,980 snow thrower on the installment plan. The installment agreement includes a 20% down payment and 12 monthly payments of $161 each. a. How much is the down payment? b. What is the total amount of the monthly payments? c. What is the total cost of the snow thrower on the installment plan? d. What is the finance charge? 8. Colin bought a $2,100 computer system on the installment plan. He made a $400 down payment, and he has to make monthly payments of $79.50 for the next two years. How much interest will he pay? 9. Noeliis bought a dishwasher at a special sale. The dishwasher regularly sold for $E No down payment was required. Mrs. Grudman has to pay $160 for the next six months. What is the average amount she pays in interest each month? a. If the monthly payment is $440, what is the sum of the monthly payments? Lfor the Jayaway plan? 10. The Hut sells a $2,445 entertainment system credenza on a six-month layawa wUOY plan?
A patient’s insurance policy states:Annual deductible: $300.00Coinsurance: 70-30This year the patient has made payments totaling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today’s bill. What is the amount that the patient should pay?
Caleb received an invoice for $5,000 that had payment terms of 4/15 n/30. He made a partial payment of $2,500 during the discount period. a. Calculate the amount credited. Round to the nearest cent b. Calculate the balance on the invoice after the partial payment was made.
On September 26, 2010, Caitlin received $2,250 from her father. She settled this amount on March 6, 2011 with interest of $146.81. No written response required. a. What was the time period of the loan, expressed in days (rounded up to the next day)? 170 161 150 179 b. What was the annual rate of simple interest charged for this loan? 1.48% 0.41% 4.86% 14.79%
Three invoices for the amounts of $35,300, $27,000, and $40,600 were received on August 5, 2014, September 4, 2014, and September 27, 2014, respectively. If the payment terms are 3/7, 2/30, n/60, calculate the amount that must be paid on October 4, 2014 to settle all three invoices. Round to the nearest cent
Maroon Company received an invoice for $166,500 dated November 4, 2011 with payment terms 6/3, 3/20, n/45 for a truck-load of goods. Calculate the amount required to settle the invoice on the following dates. a. November 6, 2011. Round to the nearest cent b. November 24, 2011. Round to the nearest cent c. December 19, 2011. Round to the nearest cent
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You drive a 4 year old truck valued at $15,000. You have a $70,000 personal automobile policy with $12,000 per-person medical payments coverage and both collision ($500 deductible) and comprehensive coverage. Your neighbor drives a five-year old SUV valued at $10,000. Your neighbor has a 25/50/15 automobile policy with $15,000 in medical payments coverage and both collision ($200 deductible) Early one morning your neighbor was driving down the street while you were driving the opposite way to drop your friend off at her house and your neighbor swerved into your lane and struck your vehicle. Below you will find the damage caused by the accident: Your Bodily Injury: $7,000 Your Friend’s Bodily Injury: $25,000 Your Car: $8,500 Neighbor’s Bodily Injury: $3,000 Neighbors Car: $9,000 Using the information above, find the following: a) How much will your policy pay for your bodily injury?
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