Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show work. A bracelet had a net cost to a jeweler of $58.57 after a series trade discount of 11/24/6. Find the list price

Please show work. image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

A bracelet had a net cost to a jeweler of $58.57 after a series trade discount of 11/24/6. Find the list price to the jeweler. The list price to the jeweler is $. (Round to the nearest cent as needed.) An invoice is dated 6/5 AS OF 6 / 14 with terms of 4/23, n/38. Find the final discount date and the net payment date. The final discount date is 1 (Type whole numbers.) The net payment date is 10 (Type whole numbers.) Find the maturity value of the loan. The maturity value is $ Principal Rate $1500 8% Time 18 months Find both the exact and ordinary interest on $30,700 at 107% for 156 days. Then find the amount by which the ordinary interest is larger. 1 The exact interest on $30,700 at 10% for 156 days is $ (Round to the nearest cent.) 1 The ordinary interest on $30,700 at 10% for 156 days is $ 4 (Round to the nearest cent.) 107 % The amount by which the ordinary interest is larger is $ Find the due date and the maturity value for the following. Use the table for the number of each of the days of the year. Assume that a year has 360 days for all calculations. Date Made Face Value Term of Loan Rate May 30 $9000 180 days 9% Click here to view page 1 of the table. Click here to view page 2 of the table. The due date is (Type a whole number.) The maturity value is $ (Simplify your answer. Round to the nearest cent as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Step: 3

blur-text-image

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

Auditing Markets Products And Marketing

Authors: David Parmerlee

1st Edition

0658001337, 978-0658001338

More Books

Students also viewed these Accounting questions

Question

Identify five strategies to prevent workplace bullying.

Answered: 1 week ago