What is the maturity value of a 6-month, 13% note for $80,000? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $82,000
B) $90,400
C) $85,200
D) $80,000
C) $85,200
Explanation: ($80,000 × 13%) × 6/12 = $5200
$80,000 + $5200 = $85,200
You might also like to view...
Which part of the speech outline contains an attention gaining device, a central idea, and a preview of main points?
A) body B) thesis C) introduction D) conclusion
For a company that manufactures plastic signs, the printing press used to make the signs, the manager's salary, and the utilities are all examples of ________
A) fixed costs B) average fixed costs C) variable costs D) marginal costs E) everyday costs
What are some elements of wellness programs?
What will be an ideal response?
Felicity Cookware Company makes and sells kitchen products. To cover injuries to consumers if the products prove defective, Felicity should obtain
A. group insurance. B. health insurance. C. liability insurance. D. life insurance.