On January 1, 2018, Allgood Company purchased equipment and signed a sixminusyear mortgage note for $ 110 comma 000 at 15%. The note will be paid in equal annual installments of $ 29 comma 066, beginning January 1, 2019. Calculate the portion of interest expense paid on the third installment. (Round your answer to the nearest whole number.) A. $ 16 comma 500
Answers: 2
Business, 21.06.2019 17:30, adenn3693
You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answers: 3
Business, 21.06.2019 21:30, SG2021
Mr. smith recently faced a choice between being (a) an economics profes-sor, which pays $60,000/yr, or (b) a safari leader, which pays $50,000/yr. after careful deliberation, smith took the safari job, but it was a close call. "for a dollar more," he said, "i'd have gone the other way."now smith's brother-in-law approaches him with a business proposition. the terms are as follows: - smith must resign his safari job to work full-time in his brother-in-law's business.- smith must give his brother-in-law an interest-free loan of $100,000, which will be repaid in full if and when smith leaves the business. (smith currently has much more than $100,000 in the the business will pay smith a salary of $70,000/yr. he will receive no other payment from the business. the interest rate is 10 percent per year. apart from salary considerations, smith feels that working in the business would be just as enjoyable as being an economics professor. for simplicity, assume there is no uncertainty regarding either smith's salary in the proposed business or the security of his monetary investment in it. should smith join his brother-in-law and, if so, how small would smith's salary from the business have to be to make it not worthwhile for him to join? if not, how large would smith's salary from the business have to be to make it worthwhile for him to join?
Answers: 1
On January 1, 2018, Allgood Company purchased equipment and signed a sixminusyear mortgage note for...
Mathematics, 18.09.2020 03:01
Physics, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01
Spanish, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01
Mathematics, 18.09.2020 03:01