11. Jin Mai is in her second year at college and rents a room in a house for $350 per month. She and her twohousemates each pay one third of the utility bill, cable television bill, and water bill. Every two months, anelectricity bill is received that averages $210. Every month, a cable bill is received that averages $58.41.Every four months, a water bill is received that averages $225. Jin Mai also purchases a $20 cellulartelephone card each month. What are Jin Mai's total expenses from September to April?a. $3545.76b. $3439.09c. $4200.00d. $4500.50Page 2 of 5

Total expenses refer to the sum of all gross cash expenditures plus any pending subsidiary items,…

Jin Mai is in her second year at col housemates each pay one third of the utility bill, cable television bill, and wat electricity bill is received that averages $210. Every month, a cable bill is rece Every four months, a water bill is received that averages $225. Jin Mai also p telephone card each month. What are Jin Mai's total expenses from Septembe a. $3545.76 c. $4200.00 d. $4500.50

Jin Mai is in her second year at col housemates each pay one third of the utility bill, cable television bill, and wat electricity bill is received that averages $210. Every month, a cable bill is rece Every four months, a water bill is received that averages $225. Jin Mai also p telephone card each month. What are Jin Mai's total expenses from Septembe a. $3545.76 c. $4200.00 d. $4500.50

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Please helppp, this is for financial mathematics, thank youuuuuuu
Santos has a poultry farm in General Santos City. Every week, he earns 593,840 for chicen and 726,195 or eggs. Of thee earnings, he is able to save 359 a month, and the rest of his earnings is used as revolving fund. How much is his total sales a week? How much does he earn in all for 4 weeks?
Kia deposited $1,100, at the BEGINNING of each year for 25 years in a credit union account. If the account paid 8% interest, compounded annually, use the appropriate formula to find the future value of her account. A. $73,441.24 B. $80,416.53 C. $86,849.86 D. $87,949.86
Lorna deposited $1,400, at the beginning of every six months for 13 years, in an account at her credit union. If the account paid 8% interest, compounded semiannually, use Table 12-1 from your text to find the future value of her account. $58,304.27 $62,036.44 $64,517.90 $69,954.62
Can you help me with this please? Katrina purchased a dining room set for $1500 down with the balance to be paid by 36 monthly payments of $198.12 including interest at 12% compounded monthly. What was the balance owed after 20 payments?
Sebastian sells cars for a living. Each month, he earns $1,400.00$1,400.00 of base pay, plus 11.3%11.3% of commission from his sales. One month, Sebastian made $44,400.00$44,400.00 in sales. How much income did he earn in total in that month?
Lydia borrows $2000 from a credit card company at 23% annually for two years. Determine Lydia’s monthly payments. $103.25 $103.95 $104.75 $106.85
Mrs. Indah saves her money in the bank for $ X. After 6 years her money is $ 1700, interest of 4.5% (compound) is paid every 3 months with . Calculate the amount of money that must be saved at this time.
Juanita travels to San Francisco for 7 days. The following facts are related to the trip: Round trip airfare $465 Hotel daily rate for single or double occupancy 155 Meals—$50 per day 50 Incidentals—$27 per day 27 If an amount is zero, enter "0". a. If she spends 4 days on business and 3 days sightseeing, what amount may she deduct as travel expense? b. If she spends 2 days on business and 5 days sightseeing, what amount may she deduct as travel expense? c. Assume the same facts as in Part a, except that Juanita's husband Jorge accompanied her on the trip and that the hotel's single occupancy rate is $130. Jorge went sightseeing every day and attended business receptions with Juanita at night. Assume that Jorge's expenses are identical to Juanita's. What amount may Juanita and Jorge deduct as travel expense?
Kosumi has an Investment account that earns 6.28% annual Interest, compounded daily. Francesca has an Investment account that earns 6.88% annual Interest, compounded semiannually. Compute the annual percentage ylelds (APY) Kosumi and Francesca are receiving. Round percent answers to two decimal places. Kosuml: Francesca: %6 Which one of the two has a better Investment? Francesca Questis %6 Carla has an Investment account with interest compounded monthly. What annual Interest rate does this account need to carry to earn the same annual percentage yield as Kosumi's? 96
Odysseus buys an Odyssey for $45,000.00. He pays $5000.00 down and the remainder in equal monthly payments over 5 years at 8% c.m. a. Calculate the amount of the monthly payment. b. Calculate the total interest charges. c. Determine the balance owing just after the 36th payment. Show the Merchant's Rule. d. Determine the total principal paid during the third year.
K To complete her college education, Judy received education loans of $23,256 including interest. Find her monthly payment if the loan is to be paid off in 72 months (6 years). Her monthly payment is $ (Simplify your answer.) 4