Valley Spa purchased $10,900 in plumbing components from Tubman Co. Valley Spa Studios signed a 60-day, 6% promissory note for $10,900. If the note is dishonored, what is the amount due on the note? (Use 360 days a year.)
A. $11,150
B. $109
C. $11,009
D. $11,230
E. $10,900
Answer: C
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The stable psychological traits and behavioral attributes that give a person her identity are known as her
A. character. B. values. C. attitudes. D. attributions. E. personality.
Hong Yip believes that the various partnerships with the government of Hong Kong constitute a(n) ______ situation.
a. evolving b. burdensome c. win-win d. innovative
Intended third-party beneficiaries have contract rights even though they were not contracting parties
Indicate whether the statement is true or false
Your uncle is about to retire, and he wants to buy an annuity that will provide him with $80,000 of income a year for 20 years, with the first payment coming immediately. The going rate on such annuities is 5.25%. How much would it cost him to buy the annuity today?
A. $955,507.24 B. $1,202,089.76 C. $1,027,427.14 D. $1,243,186.84 E. $1,058,249.96