User Account

All Pages

Determine the rate of simple interest in per cent per annum

Assignment Help Financial Accounting
Reference no: EM133006951

Problem 1: Hung received P6,281 after investing P5,900 for 27 months. The rate of simple interest in per cent per annum is closest to:

A) 0.03%

B) 2.9%

C) 0.47%

D) 4.7%

Reference no: EM133006951

Questions Cloud

Describe how caroline could quickly use colors : Caroline is collaborating with several writers who are creating multiple documents. There is a single list of content that must be eventually covered by all the
What the value of investment after two years is closest to : Matthew repays a loan of P8,000 by monthly installments of P250 for 5 years. The amount of interest charged is? What The value of investment after two years is?
Estimate the expected return based on the dividend valuation : In addition, Ram's stock most recent dividend was $5.50. Estimate the expected return based on the dividend valuation model
Compute how much interest is earned : How much interest is earned if P15,000 is invested for 3 years at 4.5% p.a., compounded monthly? What The simple interest to be paid is?
Determine the rate of simple interest in per cent per annum : Hung received P6,281 after investing P5,900 for 27 months. Determine the rate of simple interest in per cent per annum is closest to
What is the correct amount of their Child Care Credit : They paid a total of $4,800 in qualifying childcare expenses. What is the correct amount of their Child and Dependent Care Credit
Define marketing strategy : Develop their report writing skills, information presentation skills, oral communication skills, video recording and editing skills, as well as an opportunity
How much more will an investor receive on an investment : How much more will an investor receive on an investment of P24,000 over five years in an account offering 7.5% p.a. if the interest is compounded
Which of the loan options would result in the lowest amount : If you wished to borrow P100,000, which of the following loan options would result in the lowest amount of simple interest being paid?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd