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Open Question: pleasee read.?
Sat, 12 Jan 2008 18:01:38 GMT
please help me with these.
I really need help with this section, if you could explain your answer it would be fabulous!
thank you so much.
best answer ten points
6: Find the amount to be repaid on a loan of $500 at 6% for 4 months.
$515
$505
$517
$510
7: How many days are there from April 12 to August 25 of the same year?
111
135
127
142
8: For a promissory note the face value is $400, the maker is Mr. Old, the payee is Mr. Young, the date of the note is May 15, the time is 3 months, and the note bears interest at 4%. Find the maturity value.
$320
$404
$424
$386
9: Find the net proceeds of the note of Exercise 8 if it is discounted at 4%.
$414
$380
$396
$385
10: Find the bank discount on a note due in 75 days with a maturity value of $400, if the discount rate is 6%.
$2.50
$3.75
$4.40
$4.93
11: Find the selling price on goods if the cost is $150, ex�penses are $20, and profit is $15.
$155
$185
$170
$177
12: A sporting goods merchant bought ice skates for $12. His overhead is 50% of the cost. He sold the skates for $20. Find his percent of profit.
15%
13%
10%
8 1/2%
13: A store owner says his total expenses are 90% of his sales. How much money must he take in to make a profit of $800 a month?
$6,500
$7,525
$8,000
$8,445
14: A man bought 50 cameras at $25.00 each. His over�head is $10 on each camera. He sold 20 of them at $50.00 each. At what price each can he sell the re�maining cameras to break even?
$27.50
$32.20
$35.00
$25.00
Thesaurus.com
Wed, 09 Jan 2008 17:49:00 GMT
Roget's Thesaurus of English words and phrases.
Computer
Sun, 06 Jan 2008 06:11:00 GMT
Computer dictionary definition. ... Sometimes abbreviated as 'puter , a computer is an electronic device that allows you to input data and have it stored ...
Sat, 12 Jan 2008 18:01:38 GMT
please help me with these.
I really need help with this section, if you could explain your answer it would be fabulous!
thank you so much.
best answer ten points
6: Find the amount to be repaid on a loan of $500 at 6% for 4 months.
$515
$505
$517
$510
7: How many days are there from April 12 to August 25 of the same year?
111
135
127
142
8: For a promissory note the face value is $400, the maker is Mr. Old, the payee is Mr. Young, the date of the note is May 15, the time is 3 months, and the note bears interest at 4%. Find the maturity value.
$320
$404
$424
$386
9: Find the net proceeds of the note of Exercise 8 if it is discounted at 4%.
$414
$380
$396
$385
10: Find the bank discount on a note due in 75 days with a maturity value of $400, if the discount rate is 6%.
$2.50
$3.75
$4.40
$4.93
11: Find the selling price on goods if the cost is $150, ex�penses are $20, and profit is $15.
$155
$185
$170
$177
12: A sporting goods merchant bought ice skates for $12. His overhead is 50% of the cost. He sold the skates for $20. Find his percent of profit.
15%
13%
10%
8 1/2%
13: A store owner says his total expenses are 90% of his sales. How much money must he take in to make a profit of $800 a month?
$6,500
$7,525
$8,000
$8,445
14: A man bought 50 cameras at $25.00 each. His over�head is $10 on each camera. He sold 20 of them at $50.00 each. At what price each can he sell the re�maining cameras to break even?
$27.50
$32.20
$35.00
$25.00
Thesaurus.com
Wed, 09 Jan 2008 17:49:00 GMT
Roget's Thesaurus of English words and phrases.
Computer
Sun, 06 Jan 2008 06:11:00 GMT
Computer dictionary definition. ... Sometimes abbreviated as 'puter , a computer is an electronic device that allows you to input data and have it stored ...

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