What principal will earn $39.96 interest from June 18, 2021, to December 15, 2021, at 9.25%?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

See More Books

Question Posted: Oct 27, 2020 07:06 AM

See More Questions

What principal will earn $39.96 interest from June 18, 2014, to December 15, 2014, at 9.25%?
What principal will earn $39.96 interest from June 18, 2017, to December 15, 2017, at 9.25%?
What principal will earn $34.44 interest at 8.25% from May 30, 2014, to January 4, 2015?
If Y (p) is the laplace transform of y(t), which is the solution of the initial value problem { + y(t) = - dt p+1 1+p sin t satisfying y (0) = 1 and y'(0)=0, then the Y(p) equals P -2p + 1+p (1+p) ...
Who was Thomas Malthus, and what were his views on human population growth?
37. LO.1, 7 How would your answer to parts (a) and (b) of Problem 36 differ if Julio were a corporate shareholder (in the 21% tax bracket) rather than an individual shareholder and the stock...
Probability A company that has 200 employees chooses a committee of 15 to represent employee retirement issues. When the committee is formed, none of the 56 minority employees are selected. (a) Use a...
The unadjusted trial balance for GLP Corporation appears on the next page. End-of-period analysis revealed the following: a. The market value of equipment had decreased by 30 percent of its original...
The stockholder's equity section of Stealem Corporation's balance sheet is presented below: Paid-in Capital $ 600.000 1,200,000 Preferred Stock, 10% non-cumulative, S100 par value 20,000 shares...
For some years, Mel has contracted with several major pizza retailers for home delivery services, He uses a MARR of 12% per year in all business dealings. His current van, purchased 10 years ago for...
Paolo took a loan of $15 160 on January 26th at a rate of 8.25%. He repaid the loan on July 8. What is the interest due on the repayment date?
Pierre registers for a business conference today during an early-bird sale for $449, instead of paying the full price of $499 five months from now. Had he not registered today, he would have invested...
Evaluate the specific volume of heptane for T r = 1.1 and P r = 3.5 using(a) The van der Waals equation of state (T c = 540.13 K, P c? = 27.36 bar);(b) The generalized compressibility chart of Figure...
Identify a weakness of your own that might affect your ability to lead change effectively.
What makes an ability (or set of abilities) a core competency? Pick a company you are familiar with (I've picked Apple Company) . Can you identify some of its core competencies What methods do you...
What are the key standards and frameworks commonly used by IS auditors during the IS audit process, and how do these standards contribute to the effectiveness and reliability of IS audit activities?...
What is the definition of a project risk? What is risk threat and Risk Opportunity? What are the responsibilities of the risk or opportunity owner? What alternatives are there to managing "excessive"...
6.1. Determine the transfer function H(s)/Q(s) for the liquid-level system shown in Fig. P61. Resistances R1 and R2 are linear. The flow rate from tank 3 is maintained constant at b by means of a...
In the statement x.drawString greeting("Hi ", 10, 10);, x is a ______________ object. a. Graphics b. String c. JPanel d. Font
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
Annual sinking fund payments made at the beginning of every year for six years, earning 11.5% compounded annually, amount to $25 000 at the end of six years. Construct a sinking fund schedule showing...
What is the purchase price of a $1000, 7.5% bond with semi-annual coupons redeemable at par in 10 years if the bond is bought to yield 6% compounded semi-annually?
A $5000, 8% bond with semi-annual coupons redeemable at par is bought six years before maturity to yield 6.5% compounded semi-annually. Determine the premium or discount.
When credit terms for a sale are 2/15, n/40, the customer saves by paying early. What percent (rounded) would this savings amount to on an annual basis
An industrial robot that is depreciated by the MACRS method has B = $60,000 and a 5-year depreciable life. If the depreciation charge in year 3 is $8,640, the salvage value that was used in the...
What determines a firm's beta? Should firm management make changes to its beta? Be sure to consider the implications for the firm's investors using CAPM.

What principal will earn $39.96 interest from June 18, 2021, to December 15, 2021, at 9.25%?

Question:

Step by Step Answer:

This is a simple interest problem To solve for the principal amount use the interest formula I Pr...View the full answer

Contemporary Business Mathematics With Canadian Applications

Students also viewed these Mathematics questions