PLEASE HELP!

Your family purchased new living room furniture on credit at the store, which is a simple interest loan. If your family paid $300.00 in interest on the principal of $1,000.00
over 5 years, what was the rate of the loan?
1.) 6%
2.) 8%
3.) 4%
4.) 2%

Answers

Answer 1
6 times 5 is 30 the answer would be 6%

Related Questions

What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.​
564.00
546.00
5.46
50.64

Answers

Answer:

4

Explanation:

i need points for my test

Poland Springs produces a variety of bottled water beverages, and as the market continues to show growth potential for new flavors and varieties of bottled water, the company should ________ its product lines

Answers

Answer:

Increase the depth of.

Explanation:

As the above case may be a product line can explain the variety in marketing and selection of a product and any commodity as the case may be and as the said company increases in growth, its product depth line should be increased. Therefore, a product line goal can be to maximize profits by positioning new products with the highest number of features or with the most cutting-edge individual features at the highest price point. And also you’ll be keeping a base product on sale as a lower-priced alternative

One of the benefit of this been set i.e product line; is to let potential customers know the particular product that will tend to fit their capability in many cases as the case may be in product selection.

Determine the market price of a $485,000, 10-year, 8% (pays interest semiannually) bond issue sold to yield an effective rate of 10%.

Answers

Answer:

Bond Price​= $424,588.28

Explanation:

Giving the following information:

Face value= $485,000

Number of periods= 10*2= 20

Interest rate= 0.08/2= 0.04

YTM= 0.1/2= 0.05

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 19,400*{[1 - (1.05^-20)] / 0.05} + [485,000/1.05^20)

Bond Price​= 241,766.88 + 182,791.4

Bond Price​= $424,588.28

Helen Martin is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 8.5 percent. Assume annual coupon payments. What is the current value of this bond

Answers

Answer:

the current value of the bond is $665.05

Explanation:

The computation of the current value of the bond is shown below:

Current Value = Face value ÷ ( 1 + rate of interest)^time period

= $1,000 ÷ (1 + 0.085)^5

= $1,000 ÷ (1.085)^5

= $1,000 ÷ 1.503657

= $665.045423

= $665.05

hence, the current value of the bond is $665.05

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is

Answers

Answer:

False

Explanation:

The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.

The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.

Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.

Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should address the following questions:

Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank account of your own?
After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily living expenses, and an emergency fund?
Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an example), and create and discuss a plan so that this does not happen to you.

Answers

Answer:

I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.

I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.

A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.

Explanation:

PLATO sample answer

A bank monetary base account is managed by a bank or other financial institution wherein the bank records financial transactions with customers.

Bank Account:

We pay for all our purchases with a debit card or cash from an ATM. I rarely pay for things with a check. I can take money out of one of my certificates of deposit because I need it in an emergency.

We want to be a physicist and plan to study physics at Harvard University. Although I have two savings deposits and one savings account, I may not have enough money set aside to pay for my tuition. As a result, I'll most likely need to borrow money from my bank for a student loan. My term deposit, on the other hand, has enough cash to cover our everyday needs.The bounced check has been written but cannot be paid because of a lack of money. The person may, for example, submit an account to cover a credit card debt, yet his or her bank account may not have adequate funds to cover the payment. I'll try to remember a rough figure of the money in my account to avoid checks bouncing.I'll also pay my share in cash or through a debit card whenever feasible.

Find out more about the bank account here:

brainly.com/question/16953228

On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end

Answers

Answer:  A debit to Interest receivable  at $175

               A credit  to Interest Revenue      at $175

Explanation:

Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)

=$15,000 x 10% x 42/360  ( taking days in a year = 360 days )

= $175

Adjusting  Journal entry for Hayes Company on December 31st year end

Date            Account titles                         Debit        Credit

December 31st   Interest receivable       $175

                             Interest Revenue                              $175

On March 1, 2020, Parnevik Company sold goods to Goosen Inc. for $660,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937 (an inputed rate of 10%). The goods have an inventory cost on Parnevik's books of $400,000.

Required:
Prepare the journal entries for Parnevik on (a) March 1, 2020, and (b) December 31, 2020.

Answers

Answer:

Parnevik Company

Journal Entries:

(a) March 1, 2020

Debit Notes Receivable (Goosen Inc.) $660,000

Credit Sales Revenue $660,000

To record the sale of goods in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937.

Debit Cost of Goods Sold $400,000

Credit Inventory $400,000

To record the cost of goods sold.

(b) December 31, 2020:

Debit Interest Receivable (Goosen Inc.) $55,000

Credit Interest Revenue $55,000

To record the interest receivable for 10 months on the note.

Explanation:

The sale of goods will be recorded net of the interest.  Interest Receivable from Goosen Inc. will be accumulated until when it is settled by Goosen Inc. at the end of the note's 5-year life.  By that time, the interest must have accumulated to $402,937 compounded yearly.

A company that makes organic fertilizer has supplied the following data:

Bags produced and sold 200,000
Sales revenue $1,560,000
Variable manufacturing expense $660,000
Fixed manufacturing expense $448,000
Variable selling and administrative expense $180,000
Fixed selling and administrative expense $214,000
Net operating income $58,000

The company's unit contribution margin is closest to:______

a. 15,128 units
b. 16,1 units
c. 168,986 units
d. 100,444 units

Answers

Answer: $3.60

Explanation:

Contribution Margin is calculated by deducting variable expenses from the sales.

= Sales - Variable manufacturing expense - Variable selling and administrative expense

= 1,560,000 - 660,000 - 180,000

= $720,000

Unit Contribution Margin = 720,000/200,000 bags sold

= $3.60

The options are not for the Unit Contribution Margin.

What were true about all the states of natures in Decision making under ignorance (hint: how likely was any one of them to happen

Answers

Answer: They would be treated equally

Explanation:

States of natures in decision making under ignorance would be treated equally, and as such they would be treated equally.

A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is

Answers

Answer:

This question is incomplete, the options are the following:

a) Higher than the average total cost.

b) Higher than the average variable cost.

c) Lower than the break-profit point.

d) Lower than the average variable cost.

And the correct answer is the option D: Lower than the average variable cost.

Explanation:

To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.  

Which of the following does NOT distinguish a blog?

a. Updated frequently Include links, pictures, videos
b. Collection of thoughts on a variety of topics
c. Written in second person
d. Accessible online for free

Answers

Answer:

c. Written in second-person

Explanation:

Indeed, although blog contents are available online for free, may include links, pictures, videos, and a variety of thoughts, they are usually not written in second-person writing style.

Remember, the second-person writing style involves writing from another person's viewpoint. However, a blogger often writes from his or her views on a variety of topics which ultimately implies they'll use the first-person writing style. Hence, a blog is not distinguished by been written in the second person.

who is captain america​

Answers

Answer:

a super hero that's part of marvel

Answer:

Captain America is a marvel character played by Chris Evans.

Explanation:

Captain America started out as a normal kinda scrawny teenager who joined the American Army during World War II. He was transformed into a super soldier and became an insanely fit and strong human being. He saved many people during the war, but unfortunately was frozen in ice for like 66 years. So, he became part of a group called the Avengers. Kind of like a vigilante group. And finally, he was able to go back in time and marry the woman of his dreams, and he retired from the avengers after, the time travel left him in his actual age, well into his 80's.

..............................

Answers

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Q5. You are launching the Pakistani street food cafe. Identify the marketing mix (four p’s) -

Answers

Answer and Explanation:

According to the given scneario, the identification of the marketing mix i.e. four p's are product, price, place and the promotion

1. Product: The product is food cafe. The main thing about the food is the taste, how it looks. The product should be attractive, full of taste.

2. Price: The price of the food for each type of product should be reasonable so that everyone could afford it. Also the price is depend upon the competitor price

3. Place: The place should be very attractful so that many customers could be come. It could be in river side or lake view. Also if the cafe provides the home delivery without any charges this things would attract most of the customers

4. Promotion: The promotion of the food cafe could be done in social sites, radios, newspaper so that the public at large could know about it

(20) points

What could be the most likely result of Andrew offering credit facility to his customers?
A.
higher business losses
B.
lesser number of customers
C.
sell his goods below the market rates
D.
more competition
E.
customer loyalty

Answers

Answer:

you lied about the points but I'll be nice E

the first option (A)

The manufacturing process used to make a wide variety of highly customized products typically in small quantities as small as one is a:_____

Answers

Answer:

"Job Shop" would be the appropriate solution.

Explanation:

A workshop seems to be a small enterprise or organization that makes unique items within one person at the same time. It is a production unit that deals in tailor-made including custom-built components in limited amounts. Under that same production or manufacturing economy, a large number of products are manufactured with smaller quantities requiring a remarkable setup as well as production measures.

A company has fixed costs of $50,000 while manufacturing a product that has variable costs of $4 per unit and sells for $14 per unit. The break-even point is:_____

Answers

Answer:

the break even point in units is 5,000 units

Explanation:

The computation of the break even point in units is shown below:

= Fixed cost ÷ contribution margin per unit

= Fixed cost ÷ (Selling price per unit - variable cost per unit)

= $50,000 ÷ ($14 - $4)

= $50,000 ÷ $10

= 5,000 units

hence, the break even point in units is 5,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

what has 4 eyes but can't see
the right answer gets brainlist

Answers

Answer:

Biscuiiiits

Explanation:

They have four eyes but can't see, I'm so smart ;)

A__________is a customer benefit package (CBP) feature that departs from the standard CBP and is normally location specific or firm specific.

a. bottleneck
b. peripheral product
c. core product
d. variant

Answers

Answer:

d. variant

Explanation:

A variant signifies a set of attributes that is specific to the firm or location in which the firm operates.

For example, a restaurant chain operating for years that decide to entertain its guest with a live band in its new has just added a new variant to its customer benefit package.

Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?

a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13

Answers

Answer:

$87,878.88

Explanation:

Calculation How much do you need to earn this year

Using this formula

PV = FV/ (1 + r )^n

Where,

FV =Future Value=$100,000

PV = Present Value

r = rate of interest=6.5%

n= no of period=3 years

Let plug in the formula

PV = $100,000 / ((1 + 6.5%)^3)

PV = $82,784.91

Therefore the amount you need to earn this year will be $82,784.91

Dividends are best defined as:

a. cash or stock payments to shareholders.
b. cash or stock payments to either bondholders or shareholders.
c. distributions of stock to current shareholders.
d. cash payments to shareholders.
e. cash payments to either bondholders or shareholders.

Answers

Answer: a. cash or stock payments to shareholders

Explanation:

A dividend is a cash or stick payment that is given to the shareholders of a company. This reward given to the shareholders can be in the form of cash or other form.

The dividend given to the shareholders is gotten out of the profit that the company makes.

Therefore, the correct option is A.


Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may
select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and
double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be
automatically graded as incorrect.)
Portion of long-term note due in 10 months
Note payable maturing in 2 years.
Note payable due in 18 months.
Accounts payable due in 11 months.
FICA taxes payable.
Salaries payable.

Answers

Answer:

Portion of long-term note due in 10 months Accounts payable due in 11 months. FICA taxes payable. Salaries payable.

Explanation:

Current Liabilities are those that are to be paid within the operating cycle of a company which in this case is one year.

The current liabilities will therefore be any liabilities maturing or to be paid in a year. That includes the portion of a long term note due in 10 months, accounts payable due in 11 months and FICA taxes and Salaries payable as these should not pass a year to be paid either.

Advertising is an expenditure that ultimately must be justified in terms of its effect on sales and profits, yet most evaluations of advertising are in terms of the effects on consumer attitudes. How do you account for this apparent mismatch

Answers

Answer: Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods

Explanation:

Advertisement should be aimed at improving sales and expanding the market for goods. Advertisement is not just to bring customers but also inform them on updates about products. Although customers attitude are needed, this helps the manufacturer or producer to know feedback on what the market is saying, as this cannot be ignored. Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods.

The apparent mismatch is producers looking solely to what the customers are saying rather than considering profit, market expansion, sales, all surrounded by the customer as the focus

Amy is considering investing in a project that is expected to return $75,000 five years from now. How much is she willing to pay for this investment if she wants a 10% return

Answers

Answer:

$46,569.10  

Explanation:

The worth of the project today is the present value of the return expected in 5  years using the interest rate of return of 10% as the discount rate as computed below:

PV=FV/(1+r)^n

PV=today's worth of the project which is unknown

FV=future amount expected=$75,000

r=interest rate=10%

n=the time before the return is received=5 years

PV=$75,000/(1+10%)^5

PV=$75,000/(1.1)^5

PV=$75,000/1.61051

PV=$46,569.10  

Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:

Answers

Answer:

- Making sure the cost of their asset management is as low as possible

- Maximize their product delivery

- Making sure that their price of operation is efficient

- making sure price of their product is competitive

Explanation:

Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.

On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.

On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000. What amount would the company report as its net accounts receivable on December 31, 2017

Answers

Answer:

Accounts receivable is $745,000

Explanation:

The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.

Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts

= $800,000 - $55,000

= $745,000

Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?

Answers

Answer:

$2,010  

Explanation:

The future value of the savings account in 6 years can be computed using the below future value formula:

FV=PV*(1+r)^n

FV=unknown future amount

PV=current worth of the savings account=$1,200

r=annual interest rate=5%

n=number of years envisaged=6

FV=$1,500*(1+5%)^6

FV=$1,500*(1.05)^6

FV=$1,500*1.3400956  

FV=$2,010  

Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their meanings.

increased visibility

increased efficiency

better quality

reduced cycle time

reduced process time in different areas



real-time status or availability of any process or product



faster execution of each process



high quality standards of products and processes

Answers

Answer:

Increased visibility- real-time status or availability of any process or product

increased efficiency - reduced process time in different areas

better quality- high-quality standards of products and processes

reduced cycle time-faster execution of each process

did get it right?

20 Point

Which portion of the passage indicates that Neil’s prototype product requires many more changes?

1.(Neil created a robot that works on certain commands.) 2(However, the robot freezes and dismantles itself on hearing commands it does not recognize.) 3(While the robot recognizes most commands,) 4(it sometimes confuses similar-sounding commands.) 5(Neil spent five years creating this robot and invested all his savings in it.)

Answers

Answer:

Number 2 or Number 4.

Explanation:

On number 2, the robot freezes when it doesn't recognize the command. Obvious problem. On number 4, the robot confuses similar sounding commands. Also an obvious problem.

Answer:

2

Explanation:

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PLEASE HELPPPP name 5 ways being drunk can affect your behavior. Which of the following was an effect of Martin Luthers writings? Jerry and Jo are making brownies for the bake sale.Each pan of brownies will be cut into 18 rows with 12 brownies per row.They plan to make 12 pans of brownies.Choose Yes or No to tell if the equation shows the number of brownies they will make.(12 x 18) ~ 12 = b18 * (2 x 12) = b18 x 12 = b12 x (12 * 18) = b A bird is flying at a constant rate. This equation y = 8x + 15 can be used to represent this situation, where y is the bird's elevation in meters and x is the number of minutes the bird has been flying.Which statement best describes the bird's elevation, given this equation?The bird started at a height of 15 meters and is ascending at 8 meters per minute.The bird started at a height of 8 meters and is ascending at 15 meters per minute.The bird started at a height of 15 meters and is descending at 8 meters per minute.The bird started at a height of 8 meters and is descending at 15 meters per minute. pls help. i really need it for an exam, they didnt give me enough time to study.which of the following was true in regards to the america industrial revolution?A. factory workers became the highest paid employees in americaB. parts became interchangeable C. the telephone would be replaced by the telegraph D. working conditions in factories became safer Help me plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz super easy just put in your own words i just dumd okay just help -_- 59 points1. What are some ways in which individuals and groups demonstrated resistance in the New York Colony?2. What were the risks and benefits of various types of resistance? Region 3: "It took some time, but we have finally reached a population of 65,000 men, women and children. We sure are grateful for the Treaty of Pav 1783 that gave the United States more land on which we can settle. We are currently near the Great Lakes up north, close to Canada. We have a great government set up that really listens to us. We couldn't be happier with our governor, secretary and judges who really look out for us. We also finalizing our territory's constitution. We made sure to include that there can be no slaves here. With the vieather being so cold here, we really any slaves. I really hope we get approved so we can become an actual state! Since we are a well-known family, some have even said they would state after us. Can you imagine, a state in the United States called "Indiana?" Is Region 3 able to apply to be a state O Yes No For the function below, (a) find the vertex; (b) find the axis of symmetry; (c) determine whether there is a maximum or aminimum value and find that value; and (d) graph the function.f(x) = -x2 - 6x-4 Is this argument forU.S. imperialism just or unjustaccording to Just War Theory? of the 24 students in Michelle's homeroom, of them rode the bus to school. How manystudents in Michelle's homeroom rode the bus to school? Water is added to a test-tube containing dilute NaOH of pH 11. What could be the pH of the resulting solution? which type of bond joins nonmetals atoms to nonmetal atoms Determine if the product CA is defined. If the product is defined, state its dimensions. Do not calculate the product. What is the slope of the line below? Ashton is depositing money into a checking account. After 3 months there is $120 in the account. After 6 months, there is $240 in the account. Determine the constant rate of change of the account. Which expression is equivalent to this polynomial expression?(2x^5 + 3y^4)(-4x^2 + 9y^4) A plane flies with a speed of 600 mph. What distance will it fly in 3 /5 hours,11/12 hours, 4/15 hours? What is the value of x? PLZ HELP Which statements about the artworks of Lewis Hine and Charles Sheeler are true?Choose all answers that are correct. They are examples of documentary photography or Precisionism. They depict American industrial sites and powerful machines. They have asymmetrical balance and a sense of movement. They have limited changes between light and dark values. define pressure. write it's Si unit.