FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

lizzie gunderson received a statement dated september 1st showing a balance of 16820 the card carries a finance charge rate of 16 if lizzie does

lizzie gunderson received a statement dated september 1st showing a balance of 16820 the card carries a finance charge rate of 16 if lizzie does not add any more charges to her card what is the amount of finance charge if lizzie pays off the 16820 monthly statement balance on september 14th round to the nearest cent?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Heres how to calculate the finance charge Calculate the daily interes... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Accounting questions

Question

A manager is applying the transportation model of linear programming to solve an aggregate planning problem. Demand in period 1 is 100 units, 100 units in period 2, and 175 units in period 3. The...

Answered: 1 week ago

Question

★★★★★
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Answered: 1 week ago

Question

★★★★★
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★
Assume that Polaris manufactures and sells 60,000 units of a product at $ 11,000 per unit in domestic markets. It costs $ 6,000 per unit to manufacture ($ 4,000 variable cost per unit, $ 2,000 fixed...

Answered: 1 week ago

Question

★★★★★
How is revenue recognized on an interim basis?

Answered: 1 week ago

Question

★★★★★
Simplify the given expressions involving the indicated multiplications and divisions. 8v 2 9u2 2w2 X 2u4 15vw

Answered: 1 week ago

Question

★★★★★
=+4. How do men and women differ? Consider, for example, the distribution of Age for male and female patients. Should you introduce Sex as a variable in your model? How will you do that?

Answered: 1 week ago

Question

★★★★★
Doxey Company purchased a machine on January 1, 2011, for $1,250,000 for the express purpose of leasing it. The machine was expected to have a 9-year life from January 1, 2011, no salvage value , and...

Answered: 1 week ago

Question

★★★★★
MCQ - client aware another psych from same firm is under investigation for financial dealings, this info not public knowledge. What course of action do you take?

Answered: 1 week ago

Question

★★★★★
Lets return to the model of financial aid awards at a liberal arts college that was first introduced in Section 2.2. In that section, we estimated the following equation (standard errors in...

Answered: 1 week ago

Question

★★★★★
CASE 2 A comparative balance sheet for ABC Corporation is presented below: ABS CORPORATION Comparative Balance Sheet \ table [ [ , 2 0 2 2 ] , [ , , ] , [ Accounts receivable ( net ) , Assets, 6 0 ,...

Answered: 1 week ago

Question

★★★★★
Decode the string below and then find the appropriate substitution cipher to decode thephrasebelow and find the flag. JBNFIUBNGYYDMMZTGEZAU=== Find the appropriate substitution cipher to decode...

Answered: 1 week ago

Question

★★★★★
The Children\'s Foundation enters into a contract with The Lively Group. The contract obligates The Children\'s Foundation to deliver a specified amount of cash to The Lively Group if a specified...

Answered: 1 week ago

Question

★★★★★
Solve question 1 Q-5) Consider the following more complex regression (4 points) [Do not forget to create a dummy variable for marital] SUMMARY OUTPUT SUMMARY OUTPUT Regression Statistic Regression...

Answered: 1 week ago

Question

★★★★★
A sphere of radius R = 0.315 m and uniform charge density 151 nC/m lies at the center of a spherical, conducting shell of inner and outer radii 3.50R and 4.00R, respectively. The conducting shell...

Answered: 1 week ago

Question

★★★★★
The yards per carry of 20 randomly selected college football running backs are listed below. Assume the yards per carry are normally distributed. Use two decimal places in all numerical answers. 2.8,...

Answered: 1 week ago

Question

★★★★★
Simon is both employed & self - employed. For 2 2 / 2 3 he will pay class 3 NICs of 1 6 3 . 8 0 , class 4 NICs of 2 , 3 6 6 . 9 3 and class 1 NICs of 1 , 7 3 4 . 6 9 . What amount of class 4 NICs...

Answered: 1 week ago

Question

★★★★★
H.J. Heinzs annual dividends were as follows: 1990 ..............$0.540 1991.............. 0.620 1992 .............. 0.700 1993.............. 0.780 1994 .............. 0.860 1995 .............. 0.940...

Answered: 1 week ago

Question

★★★★★
Jenny earns $34,500 in 2012. Calculate the FICA tax that must be paid by: Jenny: ..............................Soc,Sec. ..................$______________...

Answered: 1 week ago

Question

★★★★★
How are qualified dividends taxed in 2012? Please give the two rates of tax which apply to qualified dividends, and specify when each of these rates applies._________________________...

Answered: 1 week ago

Question

★★★★★
Ulysses and Penelope are married and file separate returns for 2012. Penelope itemizes her deductions on her return. Ulysses' adjusted gross income was $17,400, his itemized deductions were $2,250,...

Answered: 1 week ago

Question

★★★★★
Georgia-Pacific is a major forest products company in the United States. In addition to timberlands, the company owns and operates numerous manufacturing plants that make lumber and paper products....

Answered: 1 week ago

Question

★★★★★
MP-3 players, and most notably the Apple iPod, have become an industry standard for people who want to have access to their favorite music and videos in a portable format. The iPod can store massive...

Answered: 1 week ago

Question

★★★★★
C&C Industries manufactures a wash-down motor that is used in the food processing industry. The motor is marketed with a warranty that guarantees it will be replaced free of charge if it fails within...

Answered: 1 week ago

Previous Question Next Question