Charles Clothing Company needs to borrow money to repair its broken sewing machines. It can borrow $90,00 . for 270 days at 8% exact simple interest. Compute the total amount that Charles will need to repay. (Use a 365-day year.)
$90,00 . × 0.08 × 270/365 = $5,326.03; $90,00 . + $5,326.03 = $95,326.03
Business
You might also like to view...
Canadian steel company Dofasco looked at cultural challenges in expanding and decided to stick to its famous motto: 'our strength is people.'
Answer the following statement true (T) or false (F)
Business
Which of the following is a common organizational structure for a project?
a. corporate structure b. matrix structure c. team structure d. project structure
Business
As the presenter, you will be perceived as the person in control
Indicate whether the statement is true or false
Business
There are two distinct types of fraud
a. True b. False Indicate whether the statement is true or false
Business