How much did pay the third month

Assignment Help Financial Accounting
Reference no: EM132492722

Question 1: credit card charges 18% interest or 1.5% per month. Buy a TV for $1,100 on credit card--at end of month you pay $100 you continue to pay $100 the next month. You pay the whole balance in the third month. How much did you pay the third month? How much total interest did you pay over 3 months?

Reference no: EM132492722

Questions Cloud

Do think the materiality guidelines should be quantified : Do think the materiality guidelines should be quantified? Why or why not? Explain how "materiality" is defined by both FASB and IASB.
Develop concrete strategies to reduce stress : Develop your own self-care plan with concrete strategies to reduce stress and promote health/wellness. Your plan must include: symptoms and behaviors of VT.
Explain the pathophysiology of the disease : Nursing care of a patient with a medical condition - Define the patient's current medical condition/disease and Explain the pathophysiology of the disease
Discuss the issues focused on by practitioners : Select one of the schools of thought from (physiology, experimental psychology, voluntarism, structuralism, functionalism, Gestalt psychology and other early.
How much did pay the third month : You pay the whole balance in the third month. How much did you pay the third month? How much total interest did you pay over 3 months?
What is the npv of the investment if alternative investments : What is the NPV of this investment if alternative investments offer an APR of 6%? Round your answer to the nearest dollar. Date Promised
Explain new thing you learned about epigenetics from video : Define nature in your own words. Provide at least 1academic, personal, or professional example of an influence you have from nature. Explain at least 1 new.
What are some ways you can approach these topics : Do you think that teachers, at the high school level, talk or teach enough on the subjects of Sexual Health and Substance Abuse?
Mobile telephone for academic and social activities : List and discuss the different factors that can influence your adoption of mobile telephone for academic and social activities

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute basic and diluted earnings per share

Colson Corp. had $700,000 net income in 2015. On January 1, 2015 there were 250,000 shares of common stock outstanding. On April 1, 30,000 shares were issued and on September 1, Colson Corp bought 40,000 shares of treasury stock. There are 30,000 opt..

  Different classes of common stock

Companies can issue different classes of common stock. Which of the following statements concerning stock classes is CORRECT?

  What amount of gross profit should it recognize

LF normally sells for $15 per unit, and 1B for $5 per unit. If Turner sells 1,000 units of LF, what amount of gross profit should it recognize

  How much interest expense is to be recognize and recorded

You are asked to evaluate a five-year, convertible debt offering being considered by management. This offering, effective January 1, 2013, is for $40 million. It would be issued at 2% below prevailing interest rates at the time of issuance and is due..

  What is the stockholders equity at the end of the year

At the beginning of the year, Sun Company's assets were $275,000, and its stockholders' equity was $150,000. What is the stockholders' equity at the end of the year?

  Computation of par value of stock after split offanbspon

computation of par value of stock after split off.a.nbspon december 10 daniel co split its stock 5-for-2 when the

  Why assertion for sale should auditor be most concerned with

which assertion(s) for accounts receivable should the auditor be most concerned with? Why? which assertion for sales should the auditor be most concerned with.

  Was reiss successful

Was Reiss successful?- How much capital does Reiss risk to pursue the opportunity?- Why does Reiss risk so little capital?

  What was the actual overhead for the year

A company had the following selected account balances at the end of 2014: what was the actual overhead for the year?. give the journal entry to dispose of the factory overhead account balances assuming it is written off to cost of goods sold.

  Important role in globalization process of world economy

All of the following have played an important role in the globalization process of the world economy except ___. The conflict between owners, employees, suppliers, and customers of a company is known as ___.

  Prepare the related balance sheet account numbers

In spring 2014, Eva Engineering Company signed a contract with the city of Springfield, to construct a new city hall. Eva expects to construct the building within two years and incur expenses of $120 million, which means the company earns a $40 milli..

  Transfers property-as a result of these transfers

Cannon and Bruno form Lemon Corporation. Cannon transfers property (basis of $365,000 and fair market value of $300,000) while Bruno transfers land (basis of $80,000 and fair market value of $290,000) and $10,000 in cash. Each receives 50% of Lemon C..

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!

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