$6,000 and the mainten 84 cents

Q: Logan inherited $8,000.  He split the money and placed EQUAL amounts in the two accounts below.…

A: The interest on interest is known as compound interest. The interest calculated as per the…

Q: The owner of a store bought a number of goods at a price of 40 dinars per unit and paid 980 dinars…

A: solution given Price per unit 40 Amount paid in cash 980 Simple interest rate 4%…

Q: Calculate the Medicare Levy payable for an individual resident earning $50,000 per annum. Select…

A: Medicare levy is an additional tax payable along with the tax you pay on your taxable income. It is…

Q: Nevil, Symon and Symone started a business investing $60,000, $67,500, and $78,000 respectively.…

A: Lets understand the basics Partnership is an agreement between two or more person who works togather…

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: Dr. Belo has a total of 14 bills in his wallet. Some are P50 bills and the rest are P100 . The total…

A: Suppose count of P50 = X  and count of P100 = Y

Q: determine the annual rate of simple interest required for 17,000 to earn 850 in 14 years

A: The simple interest rate is one of the simplest methods of calculating the interest against the…

Q: Darlene Jaworski purchases an $84.00 calculator, a gold chain for $42.50, and a book for $13.80. The…

A: Formula: Total purchases = Calculator cost + Gold chain + Book cost

Q: Calculate the amount of simple interest earned.

A: Given that,

Q: Sold a two-story house and lot amountinf to $106,000. The 7% commission will be collected next…

A: Journal entries are the entries passed in the books of accounts to record the business transactions…

Q: 8. Wu Chen purchased four tires at $48.98 each, two sheepskin seatcovers at $49.88 each, a battery…

A: The purchase price is the price paid to purchase the goods and service. It is the amount paid by the…

Q: The sales tax rate is 7.5%. Compute the amount of tax on a watch that sells for $60. No handwritten

A: The sales tax refers to the tax that the government levies on the purchase of goods and services in…

Q: Assume that time today is Dec. 13, 2022. Determine what is being asked in each problem. 1. Ken has…

A: We have three different problems based on time value of money. We need to solve for the missing…

Q: 10. The Hastlehoff family took 5%2 hours to gather information for their Schedule A. The itemized…

A: To calculate the mean (average) savings per hour, we need to divide the total savings by the total…

Q: Each week, $350 is placed into an annuity that earns 10% compounded weekly. Find the value of the…

A: An annuity is an arrangement in which a fixed sum of money is paid to an individual at regular time…

Q: aloulate the amount of money deposited into an account as a perpetuity if it is used for $2300…

A: The effective annual rate of interest is the actual or the real rate of interest paid or received…

Q: did you get

A: When shares are issued , the issue price is par value plus additional paid in capital . The…

Q: 4. Tyrone Lambert purchases an AM/FM car radio for $79.99, an antenna for $18.50, and some wire for…

A: The purchase price is the price paid to purchase the goods and service. It is the amount paid by the…

Q: A child age 3 is given $20,000. The amount is put into savings account which pays 4% compounded…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: isham purchased a Washing machine priced at RO 380. He paid 45 RO down and will make 15 payments at…

A: Financed Amount = Price - Down Payment

Q: Spiros purchases a Rolex watch costing $10,200. State taxes are 5.5% and the federal excise tax is…

A: Step 1:We have to calculate the sales tax on the Rolex watchCost of Rolex watch = $ 10200Sales tax =…

Q: The back of the book says the answer should be $7,413.  Do you know what there would be a…

A: As per the given information: EOYCash flow0-$30,0001$6,0002$13,5003$X4$13,500 MARR - 12% per year To…

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: $3,600. What is the cost to the insurance company for the loss?

A: In a 70/30 medical insurance policy, 70% of the cost after the deductible will be paid by the…

Q: how did you arrive to $3,503.44?

A:

Q: You can retire at age 62 and receive $8,000 per year or retire at age 65 and receive $10,000 per…

A: Choice 1: Annual receipt is $8,000. Discount rate is 2%. Maturity is (70 - 62) 8 years.   Choice 2:…

Q: For 16 years, Janet saved $250 at the beginning of every month in a fund that earned 4.64%…

A: The key advantage of future value for an investor is the potential to grow their wealth over time.…

Q: yor. Zakania Staying at chennai geceives pin .as basic Salery by termos oj on E-lernover ackiv ed by…

A: House Rent Allowance (HRA) - It is component of salary component paid by the employer to its…

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: Five years ago, a man invested P 80,000 at 5% compounded semi-annually. How much is his money now?…

A: Given: Principal invested “P” = P 80,000 Interest rate “r” = 5%/2,( compounded semi-annually )…

Q: When Zane deposits $20,000 cash in his checkable deposit at the Citicorp and the Citicorp's required…

A: Increase in checkable deposits = $20,000Increase in required reserves = $5,000

Q: How did they come up  with $2,656,250?

A: The amount of equity that a company offers to common shareholders is known as common equity. In the…

Q: Joe Gallegos purchased a calculator for $14.18 and paid with a $20 bill. How much change did he get?

A: To calculate the change that Joe Gallegos has received, we need to subtract the cost of the…

Q: In 3 years, you will receive $4,000. One year after that, you will receive the first of 9 annual…

A: Future value refers to the value of a current asset at some future date. It is helpful for…

Q: 36. The future value of Php 200 received today and deposited at 8 percent for three years is A. Php…

A: In the given question we require to compute the future value from following details: Deposit today…

Q: Mark makes $15hr an hour and worked 50 hours last week. A) Prepare his paycheck and B) How much in…

A: Given in the question: Hour Rate = $15 Last week number of hours worked = 50 hours Federal Taxes Fed…

Q: how much will your collection be worth when you retire in 2,063

A: The sum that will be paid out at the conclusion of a specific time period is the future value.. It…