Shamari takes out a loan for $10,500, at 8.5% exact interest. if the amount of interest is $858.03, what is the time period of the loan? (round any fraction to the next higher day)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Shamari takes out a loan for $10,500, at 8.5% exact interest. if the amount of interest is $858.03, what is the time period of the loan? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Southern Bakeries just paid its annual dividend of $.48 a share. The stock has a market price of $17.23 and a beta of. 93. The return on the U. S. Treasury bill is 3.1 percent and the market risk premium is 7.6 percent. What is the cost of equity?
Answers (1)
A candidate may apply to multiple jobs at the company Universal Containers by submitting a single application per job posting.
Answers (1)
Veronica plans to open a checking account with her $1 comma 200 tax refund check. She believes she can maintain a $500 minimum balance.
Answers (1)
Alto Company issued 7% preferred stock with a $100 par value. This means that: A. The market price per share will approximate $100 per share. B. Preferred shareholders are entitled to 7% of the annual income. C.
Answers (2)
A firm characterized as a price-taker: a. has control over the price it pays, or receives, in the market. b. is not a characteristic of a perfectly competitive market. c. sets the price for the market. d.
Answers (1)
New Questions in Business
You have two investments. The value of Investment A at the end of April was $500, at the end of May was $600, and at the end of June was $400.
Answers (1)
2017 Sold $1,351,700 of merchandise (that had cost $981,800) on credit, terms n/30. Wrote off $21,500 of uncollectible accounts receivable. Received $670,400 cash in payment of accounts receivable.
Answers (1)
Which of the following types of value chain processes directly creates and delivers goods and services to customers? General management processes Postproduction processes Support processes Core processes
Answers (1)
Comanic Corp. has common stock of $5,400,000, retained earnings of $2,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on available-for-sale securities of $200,000.
Answers (1)
Pirate Corporation acquired 85 percent of Ship Company's voting shares of stock in 20X7. During 20X8, Pirate purchased 50,000 circuit boards for $15 each and sold 28,000 of them to Ship for $20 each.
Answers (1)