Business, 11.10.2019 02:30 jasminecoronetti44
Looking for some furniture for her new apartment, susan visits the local swap meet in search of something cheap. knowing that most swap meet vendors will not accept credit cards and that she will not have any money until her next payday, susan decides to take out a $200 cash advance on her credit card at an interest rate of 32%.
if susan had no previous balance on her credit card, and she manages to pay off the balance within 1 month, how much will she have to pay in interest?
a.
$5.33
b.
$32.00
c.
$173.33
d.
$205.33
Answers: 1
Business, 21.06.2019 17:40
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At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
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Looking for some furniture for her new apartment, susan visits the local swap meet in search of some...
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