How much will he need to pay after one year

Assignment Help Accounting Basics
Reference no: EM133071354

Question - What is the principal amount invested on July 6, 2019 will amount to P12,000 on December 12, 2019 if the rate is 9.5% and exact interest for the exact time is used?

Using approximate time, find the exact interest on P6,400 at 9 3⁄4 % from January 25, 2019 to February 20, 2021.

What is the principal amount invested on July 6, 2019 will amount to P12,000 on December 12, 2019 if the rate is 9.5% and ordinary interest for the approximate time is used?

An employee loans P800 from the labor union and promised to pay the amount in 1 year. How much will he need to pay after 1 year if the interest rate is 15%.

Reference no: EM133071354

Questions Cloud

What is the probability that it matures out-of-the-money : The risk-free rate is 6%. Consider a 1-year American put option on the stock with a strike price of $190. Assume that the option is optimally exercised.
Discuss process to ensure future projects : Discuss the process to ensure future projects are conducted and implemented in an increasingly efficient manner.
What is its total assets turnover : What is its total assets turnover? What is its equity multiplier?
Describe what elements are most valuable to your learning : Describe what elements are most valuable to your learning in this course such as reading the textbook, listening to lectures, discussions, writing papers, etc.
How much will he need to pay after one year : An employee loans P800 from the labor union and promised to pay the amount in 1 year. How much will he need to pay after 1 year if the interest rate is 15%
Annual pay bond carrying : A real return annual pay bond carrying a 3% coupon was priced at 100 at issue date. If inflation is 1% over the first year, then which of the following is true,
Financial planning channel : An upcoming rule change requiring advisors to have a deeper knowledge of the funds they sell is prompting some banks to stop the sale of third-party funds throu
Annual pay bond carrying : A real return annual pay bond carrying a 3% coupon was priced at 100 at issue date. If inflation is 1% over the first year, then which of the following is true,
Financial planning channel : An upcoming rule change requiring advisors to have a deeper knowledge of the funds they sell is prompting some banks to stop the sale of third-party funds throu

Reviews

Write a Review

Accounting Basics Questions & Answers

  Quantacc carries fixed assets at revalued amounts fixed

quantacc ltd. began operations on january 1 2011 and uses ifrs to prepare its consoliated financial statements.

  Case scenario-the coca-cola company and pepsico inc

Go to the book's companion website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc.

  A unit selling price

For the current year ending April 30, Hal Company expects fixed costs of $60,000, a unit variable cost of $70,

  Determine procedures relating to audit of accounts payable

Determine procedures relating to the audit of accounts payable would the auditors be most likely to delegate entirely to the client's employees?

  What is the affect of the accident on chris taxable income

The insurance company reimburses Chris $10,000. What is the affect of the accident on Chris' taxable income if his AGI is $10,000

  How does the tax benefit rule apply to Dolly

Molly had $16,000 in itemized deductions on her 2018 Federal income tax return but will take the standard deduction in 2019. How does the tax benefit rule apply

  What is current value of a share of Satellite common stock

What is the current value of a share of Satellite's common stock to an investor who requires a 13 percent rate of return? If the market price of share is $12

  A particular stock goes up each day with probability

Suppose you believe that the price of a particular stock goes up each day with probability p and goes down with probability 1- p. You also believe the daily price changes are independent of one another. However, you are not sure of the value of p.

  Will the decision about the transfer price affect

slagle corporation is a large manufacturing organization. over the past several years it has obtained an important

  What the correct statement about maria eligible credit

Maria, age 30, is a part-time graduate student who pays $7,000 in tuition in the current year. What the correct statement about Maria eligible credit

  Person responsible for deducting the tax

If the person responsible for deducting the tax at source and paying the same to the credit of Central Government has not been allotted the Tax Deduction Account Number (TAN), he shall within ________ from the end of the month in which the tax was..

  On january 4 2013 watts co purchased 40000 shares 40 of the

on january 4 2013 watts co. purchased 40000 shares 40 of the common stock of adams corp. paying 800000. there was no

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