Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 4, Problem 5AT
To determine
The completion of two check stubs and the check register in proper form on basis of starting balance as
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Randy's automobile insurance policy has an annual deductible of $400. His bill for a recent collision repair, which
was his first insurance claim of the year, was $900. How much did Randy pay out-of-pocket for the repair?
O a. $500
O b. $400
O c. $0 (His insurance covers the entire bill)
O d. $350
Complete the following payroll ledger. Find the total gross earnings for each employee.
Time and a half is paid on all hours over 40 in one week.
Employee Hours Worked Reg. Hrs.
O.T. Hrs.
Reg. Rate
Gross Earnings
1. Bianchi
46.5
$10.80
2. Hanna
47.5
$8.60
Maryam borrowed OMR 4200 from Bank Muscat. If she had paid 3/7 of the loan, what is the remaining balance she has to pay to Bank Muscat?
a.
RO 1800
b.
RO 2400
c.
RO 1680
d.
RO 1260
Chapter 4 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 4.I - Use the following blank to write a check for...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - Fill out the deposit slip for Hi-Volt Electronics...Ch. 4.I - From the following information, complete the two...Ch. 4.I - You are the owner of the Busy Bee Launderette....Ch. 4.I - Prob. 2RECh. 4.I - You have just received a check. Your account...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - Properly fill out the deposit slip for The Star...
Ch. 4.I - Properly fill out the deposit slip for Howard...Ch. 4.I - 8. From the following information, complete the...Ch. 4.I - From the following information, complete the...Ch. 4.I - 10. From the following information, complete the...Ch. 4.II - Using the form provided, reconcile the following...Ch. 4.II - 1. On April 3. Erin Gardner received her bank...Ch. 4.II - Bob Albrecht received his bank statement on July 5...Ch. 4.II - On December 2. John Leahy received his bank...Ch. 4 - 1. A(n) ___________ is a written order to a bank...Ch. 4 - On a check, the ___________ is the person or...Ch. 4 - When a(n) ___________ card is used, the amount of...Ch. 4 - 4. Write the word form of $52.45 as it would...Ch. 4 - Prob. 5CRCh. 4 - Prob. 6CRCh. 4 - Prob. 7CRCh. 4 - Prob. 8CRCh. 4 - Attached by perforation to checks, check...Ch. 4 - Prob. 10CRCh. 4 - Prob. 11CRCh. 4 - Prob. 12CRCh. 4 - Prob. 13CRCh. 4 - Prob. 14CRCh. 4 - Prob. 1ATCh. 4 - 2. You have just received a check. Your account...Ch. 4 - As cashier for Cellinis Pizza, it is your...Ch. 4 - Simon Fitzrowdy checked his checking account...Ch. 4 - Prob. 5ATCh. 4 - 6. On October 1, Jessica Clay received her bank...Ch. 4 - Using the form on page 121, prepare a bank...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Michael Jamison's bank calculates interest on a daily basis. Complete the following interest calculations: Principal $3,900 Rate Time Interest 24 0.06 365 Select one: O a. $15.65 O b. $15.95 c. $15.39 O d. $13.45arrow_forwardces November 1, 2022, Payroll.com, an Internet company, has a $10,785.90 checkbook balance. Record the following transactions for Payroll.com by completing the check stubs provided. Note: Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places. a. November 8, 2022, deposited $724.50 b. November 8, check Number 190 payable to Staples for office supplies-$855.28 Number: 190 Date To: For: Check Stubs Balance Amount Deposited Total Amount this check Balance Forward Amount c. November 15, check Number 191 payable to Best Buy for computer equipment-$3,883.39.arrow_forwardMr. Dan Dapper received a statement from his clothing store showing a finance charge of $2.10 on a previous balance of $100. Find the monthly finance charge rate.arrow_forward
- Bria Williams' savings account statement is shown below. What is her new balance? Previous Interest + Deposits- Withdrawals = New Balance Balance $968.75 $8.37 $27.00 $138.93 %3D Select one: a. $866.91 b. $1,143.05 O c. $865.19 O d. $866.19arrow_forwardApex Bank checking accounts pay 0.4% interest on all balances and charge the following fees: Check fees: For balances of $500 or more: No charge for checks For balances under $500: $0.025 per check Service fees: For balances over $500: No service charge For balances $200 to $499.99: Service charge of $4/month For balances less than $200: Service charge of $6/month Using the information given, fill out the table below Thank youarrow_forwardWhat is the total amount of a 3-year loan of $1000 to be repaid at an interest rate of 5%, using the simple interest method? a. $383.33 b. $150 c. $1450 d. $1150arrow_forward
- For a home mortgage of $150,000 at 6% interest for 30 years, find the following: a. Monthly payment. b. Total amount paid over the term of the loan. c. Total amount of interest paid on the loan. Entering answers: • Do not enter any dollar signs. • Round to the nearest cent. (two decimal places) Only enter the numerical value. Enter NO equal signs or variables. Use commas in large numbers as appropriate.arrow_forwardA man earned wages of $33,100, received $2400 in interest from a savings account, and contributed $3900 to a tax-deferred retirement plan. He was entitled to a personal exemption of $3800 and had deductions totaling $6210. Find his gross income, adjusted gross income, and taxable income. ..... His gross income was $ (Simplify your answer.)arrow_forwardScott was involved in an auto accident in which he was at fault. His own car sustained $2,980 damages and the other vehicle cost $2,348 to repair. Scott was not injured, but the driver of the other car required medical treatment costing $33,180. Scott's policy includes 10/20/5 liability, $500 deductible collision, and full coverage comprehensive. How much of the damages must the insurance company pay? O $14,828 O $24,828 O $33,180 O $38,508arrow_forward
- You are the accounting manager for Kool Ragz, Inc., a manufacturer of men's and women's clothing. The company needs to borrow $1,900,000 for 90 days in order to purchase a large quantity of material at "closeout" prices. The interest rate for such loans at your bank, Rimrock Bank, is 15% using ordinary interest. a) What is the amount (in $) of interest on this loan? b) After making a few "shopping" calls, you find that Southside National Bank will lend at 15% using exact interest. What is the amount (in $) of interest on this offer? (Round your answer to two decimal places.) c) So that it can keep your business, Rimrock Bank has offered a loan at 14.5% using ordinary interest. What is the amount (in $) of interest on this offer? d) (Challenge) If Southside National wants to compete with Rimrock's last offer (part c) by charging $1,875 less interest, what rate (as a %), rounded to the nearest hundredths of a percent, must it quote using exact interest?arrow_forwardAn invoice dated January 15th , in the amount of $12,500 has the following terms: 2/10, n/30. This invoice will be paid on January 22nd. How much will be paid?arrow_forwardIsabella is filing as the head of a household. Her taxable income is $69,014. Use the Tax Table, find the tax liability. A. $8,281.68 B. $9,731.08 C. $11,122.58 D. $14,040.08arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Discrete Mathematics and Its Applications ( 8th I...MathISBN:9781259676512Author:Kenneth H RosenPublisher:McGraw-Hill EducationMathematics for Elementary Teachers with Activiti...MathISBN:9780134392790Author:Beckmann, SybillaPublisher:PEARSON
- Thinking Mathematically (7th Edition)MathISBN:9780134683713Author:Robert F. BlitzerPublisher:PEARSONDiscrete Mathematics With ApplicationsMathISBN:9781337694193Author:EPP, Susanna S.Publisher:Cengage Learning,Pathways To Math Literacy (looseleaf)MathISBN:9781259985607Author:David Sobecki Professor, Brian A. MercerPublisher:McGraw-Hill Education
Discrete Mathematics and Its Applications ( 8th I...
Math
ISBN:9781259676512
Author:Kenneth H Rosen
Publisher:McGraw-Hill Education
Mathematics for Elementary Teachers with Activiti...
Math
ISBN:9780134392790
Author:Beckmann, Sybilla
Publisher:PEARSON
Thinking Mathematically (7th Edition)
Math
ISBN:9780134683713
Author:Robert F. Blitzer
Publisher:PEARSON
Discrete Mathematics With Applications
Math
ISBN:9781337694193
Author:EPP, Susanna S.
Publisher:Cengage Learning,
Pathways To Math Literacy (looseleaf)
Math
ISBN:9781259985607
Author:David Sobecki Professor, Brian A. Mercer
Publisher:McGraw-Hill Education
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY