$6,000 and the mainten 84 cents

Q: Sarah discounted a bill of exchange amounting to OMR 12,000 having a term of 6 months. She…

A: Bank discount = Face value of bill of exchange x discount rate x no. of months/12 =  OMR 12,000  x…

Q: 47. Treasury Bill A six-month $4000 T-bill sold for $3930. What

A: Face value of Bill=$4000Discounted price=$3930Period=six month

Q: Find simply interest earn.

A: Principal = $859.44 Interest Rate = 21.3% p.a. Time = 3 months or 3 / 12 i.e. 0.25 year Interest for…

Q: find the simple interest of the given amount (round to the nearest cent) $440 borrowed st 6 and…

A: simple interest is the interest calculated only on principle amount and it does not calculate…

Q: Schlitz bought some new material which cost $1,000 and which had credit terms of 1/10 net 30.…

A: 1/10 net 30 means the trade credit offered to a customer for the sales of goods and implies if the…

Q: Credit Card Sales are $180,000  + %10 VAT, collected from the bank. Bank charged %3 commission

A: Total Sales Value = Gross Amount + VAT                             = $ 180,000 + ( $ 180,000 x 10% )…

Q: Cash is borrowed on a 2-month note payable. If the interest cost to borrow is RO 400 what is the…

A: Interest is calculated on the principal amount borrowed by the business.  In the given case if…

Q: Where did you get the $ 6, 416. 67?

A: While calculating the annual cash flows of the project during its life, all the revenues and…

Q: A person works and earns $3315 dollars but on a pay stub pays 39% to tax. How much money is left…

A: Data given: Earning=$3315 Tax =39%

Q: 49. Treasury Bill A three-month $7600 T-bill carries a discount of $80.75. What is the discount rate…

A: Face value = $7,600Discount amount = $80.75Maturity = 3 months

Q: You are choosing between two projects. The cash flows for the projects are given in the following…

A: IRR stands for Internal Rate of Return, which is a financial metric used to evaluate the…

Q: Calculate the EAR for each bank

A: Introduction: Effective annual rate can be defined as the rate of interest which would be adjusted…

Q: Selling price Down Rate of interest payment Principal (loan) $ 88,000 of home $ 93,000 Years $ 5,000…

A: Selling Price of Home  $                     93,000.00 Down Payment  $…

Q: bills with 91 days period can be purchased at 995. What is the annualized discount rate? A• 5% B•…

A: Treasury bills is a government security which is issued for a short term. The instrument maturity is…

Q: Assuming a 360-day year, the interest charged by the bank, at the rate of 7%, on a 90-day,…

A: Given that: Note payable = $124800 Interest rate = 7% Period = 90 days

Q: 4. A debt RM2000 bearing 8% interest was repaid with a check for RM2040. For  how long was the money…

A: The number of time taken can be calculated using the log function.

Q: A perpetuity pays $85 per year and costs $3,580. What is the rate of return? Select the correct…

A: Given:Annual Payment = $85Cost of the Perpetuity = $3,580

Q: 10. The interest on a 30- a. $41.25 b. $38.96. c. $40.68 d. $42.63

A: Time = 30 Days = 1 month Amount = $5,500 Interest arte = 8.5%

Q: Problem 11-4 Corporate Capital Gains and Losses (LO 11.2) DeMaria Corporation, a calendar year…

A: Loss of one year can be carried forward and adjusted against profit of subsequent years.

Q: the sales tax on a ratio set is 30 pesos and 10 cents. find the cost of the ratio set if the tax…

A: The sales tax seems to be the type of indirect tax which is levied on the sale of goods at the…

Q: You decide to discount a$5250, 345-day note at 3% to your bank at a discount rate of 4.5% on day…

A: Calculation of Proceeds:Assuming there are 360 days in a year.The proceeds are $5,309.80.Excel…

Q: Marchaund borrowed $4,500 for 90 days, with a 12% simple discount rate. What is the effective rate?…

A: It is given in the question that the borrowing was done at 12% simple discount rate. It should be…

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: The company offers a 6% discount if paid in cash. How much is savedby paying cash?

A: Corporate finance is referred as the decision of the firm to take capital investments and other…

Q: What account would 15,000 subscriptions at $15 each go? And if half was collected in cash and the…

A: Lets understand the basics. Jounral entry is required to make to record event and transacion that…

Q: A note dated June 1, 1995, calls for the payment of $85,000 in 6 years. On March 15, 1998, the note…

A: Present value refers to money received today being more valuable than the money will receive in…

Q: The purchase price of a condominium is $122,500. A down payment of 26% is made. The bank charges…

A: Purchase Price=$1225,000 Down payment=26% Bank charges=$725 Bank points=3.5% Required: Total Down…

Q: can you answer how much 260 ten dollar bills worth please

A: Number of bills = 260 Value of each bill = 10

Q: With a reserve requirement of 7.81% and an initial deposit of $2,840, the total amount of money that…

A: Given Information : Reserve Requirement = 7.81% Initial Deposit = $2,840

Q: A man bought a car for $250 and he spent $15. If he sells out the car for $500. Calculate gain…

A: The provided information are: Cost price of the car = $250 Amount spent = $15 Total cost price of…

Q: Al Small is charged 3 points on a $60,000 $100,000. The points in dollars cost Al: O a. $1,080 Ob.…

A: Loan can be defined as the credit vehicle that is used to lend a sum of money from one party to…

Q: How do i get 4.8% and $186,974.50 and $566,975?

A: Debt restructuring is a procedure by which the company which is unable to pay off its debt gives…

Q: Micaela and 9 of her friends went out to eat. They decided to split the bill evenly Each person paid…

A: Total Amount paid is the sum of all payment made by each person.

Q: Borrowed $500 for 1 year and paid $50.00 in interest. Bank charged $5.00 service charge. What id…

A: Finance charge:The finance charge is the overall sum of the amount of interest and loan charges that…

Q: %3D

A: solution given cash flow diagram Year Cash flow 1 100 2 100 3 100 4 0…

Q: för $140.00. IS 5%. a. What is the total selling price? b.. What is the sales tax?

A: Total selling price= Selling price * {1+(sales tax rate/100)) Sales tax= Selling price * Sales tax…