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A company has a 6-month loan for $1,000 at 10% interest. Determine the amount of interest the company will pay in the 6-month period using
A company has a 6-month loan for $1,000 at 10% interest. Determine the amount of interest the company will pay in the 6-month period using this equation: (number of months divided by 12) multiplied by (interest percentage multiplied by loan amount). Select one, $50 $0 $60 $70 A company purchases property insurance and pays $600 in advance for the next 6 months of coverage. Assuming even application over the 6-month period, how much insurance will be used each month? Select one. $600 $500 O $0 $100 A company begins the quarter with $50 in supplies. They purchase an additional $100 of supplies. At the end of the quarter, they have $25 of supplies left. How much in supplies did the company use during the quarter? Select one. $25 $50 $100 $125
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