Business
Business, 07.04.2020 17:58, wendybhenry61391

You have an outstanding student loan with required payments of $ 500 per month for the next four years. The interest rate on the loan is 10 % APR (compounded monthly). Now that you realize your best investment is to repay your student loan, you decide to pre pay as much as you can each month. Looking at your budget, you can afford to pay an extra $ 250 a month in addition to your required monthly payments of $ 500, or $ 750 in total each month. How long will it take you to pay off the loan

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 03:30, Geo777
Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?
Answers: 1
image
Business, 22.06.2019 11:30, laylay120
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
image
Business, 22.06.2019 14:00, tamariarodrigiez
How many months does the federal budget usually take to prepare
Answers: 1
image
Business, 22.06.2019 17:30, Miccyy
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
Do you know the correct answer?
You have an outstanding student loan with required payments of $ 500 per month for the next four yea...

Questions in other subjects:

Konu
Mathematics, 13.03.2022 05:10
Konu
Mathematics, 13.03.2022 05:10
Konu
Mathematics, 13.03.2022 05:20
Konu
Mathematics, 13.03.2022 05:20