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Find the proceeds to the nearest cent when the following is discounted. Maturity value: $ 97,600 Discount period: 30 days Discount rate: 11% $ 96,705.33
Find the proceeds to the nearest cent when the following is discounted. Maturity value: $ 97,600 Discount period: 30 days Discount rate: 11% $ 96,705.33 $ 96,717.59 $ 86,864.00 $ 86,964.00 A store sells an item for $550 each. If this is a 39.8% markup on the selling price, find the equivalent markup percent on cost. Round rates to the nearest tenth of a percent and dollar amounts to the nearest dollar when necessary. 66.1% 550% 28.5% 47.3% Find the interest and maturity value for the following loan. Round to the nearest cent. $ 8,850 at 11% for 1.3 years $ 1,265.55; $ 10,115.55 $ 2,239.05; $ 11,089.05 $ 1,168.20; $ 10,018.20 $ 666.08; $ 9,516.08 Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth of a percent given the following: Owner's equity at beginning of year: $ 531,000. Owner's equity at end of year: $ 852,000. Net income after taxes: $ 10,500 1.2% 2.0% 1.5% 2.1% Find the time (in days) given the following data. Round to the nearest day. Principal: $ 2,019 Rate: 8.5% Interest: $64.83 38 days 138 days 136 days 204 days
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