Answer the question stIve thisCredit Card StatementTransaction DescriptionPrevious balance, $2646.37June 1Billing dateJune 6PaymentJune 8Charge: GasJune 9Charge: GroceriesJune 17Charge: GasCharge: GroceriesCharge: ClothingJune 27June 30End of billing periodPayment Due Date: July 9View or examplePrintATransaction Amount$1000.00 credit$34.44$137.96$41.77$126.15$215.52Get more help.DoneClear a BThe credit card with the transactions described in the popup below uses the average daily balance method tocalculate interest. The monthly interest rate is 1.7% of the average daily balance. Calculate parts a-d using thestatement in the popup.Click the icon to view the credit card statement.a. Find the average daily balance for the billing period. Round to the nearest cent.The average daily balance for the billing period is $(Round to the nearest cent as needed.)a...hpW81°F A19

Answered: Credit Card Statement Transaction…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. If required, round the answers to the nearest dollar. Merchandise FreightPaid by Seller Freight Terms Credit forRefunds andAllowances a. $7,500 $100 FOB shipping point, 1/10, n/30 $1,800 b. 3,800 200 FOB destination, 2/10, n/30 1,200
The following chart shows the (approximate) total number of subprime home mortgages in a state in November 2008, broken down into four categories. MortgageStatus Current PastDue InForeclosure Repossessed Total Number 156,330 58,310 8,250 5,490 228,380 (The four categories are mutually exclusive; for instance, "Past Due" refers to a mortgage whose payment status is past due but is not in foreclosure, and "In Foreclosure" refers to a mortgage that is in the process of being foreclosed but not yet repossessed.) (a) Find the probability that a randomly selected subprime mortgage in the state during November 2008 was neither in foreclosure nor repossessed. HINT [See Example 1.] (Round your answer to two decimal places.) (b) What is the probability that a randomly selected subprime mortgage in the state during November 2008 was not current? (Round your answer to two decimal places.)
Calculate the amount of corporate income tax due and the net income after taxes (in $) for the corporation. (Assume the corporate tax rate is 21%.) Name TaxableIncome TaxLiability Net Incomeafter Taxes Corporation 3 $15,850,000
Freet Inc. is preparing its cash budget for November. The budgeted beginning cash balance is $11,000. Budgeted cash receipts total $126,000 and budgeted cash disbursements total $130,000. The desired ending cash balance is $20,000. The company can borrow up to $170,000 at any time from a local bank, with interest not due until the following month. 1. Prepare the company's cash budget for November in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.
Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on investment for the mutual fund investment. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. (Round your return on investment to one decimal place.) Shares OfferPrice TotalCost Net AssetValue Proceeds Per ShareDividends Total Gain(or Loss) Return onInvestment% 500 $10.60 $ $12.60 $ $0.66
The POS requires that the employee pay $43.01 per month to supplement the cost of the program with the company’s payment. If Ron uses health care providers within the plan, he pays the copayments as described above for the HMO with no annual deductible. He can also choose to use a health care provider out of the network and pay 30 percent of all charges after he pays a $630 deductible. The POS will pay for 70 percent of those covered visits. Ronald decided to review his medical bills from the previous year to see what costs he had incurred and to help him evaluate his choices. He visited his general physician three times during the year at a cost of $210 for each visit. He also spent $83 and $107 on two prescriptions during the year. Assume Ron visited a physician outside of the network plan but had his prescriptions filled at a network-approved pharmacy. If Ronald selects the POS plan, what will his annual medical costs be? (Do not round intermediate calculations. Round your…
The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 17,800 Proceeds from the sale of common stock 4,800 Purchases of fixed assets 21,800 Purchases of inventories 2,700 Payment of dividends 15,300 Determine the cash flows from the firm and the cash flows to investors of the firm. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.) Skip Exit Exit
Francisco is single, and he earned $76,380 in 2020. He paid a total of $8,838 in 2020 for benefits, including his health insurance premiums and 401(k) contributions. He paid $4,064 in state and local taxes, paid $3,528 in property taxes, paid $7,284 in mortgage interest, and donated $1,800 to charity in 2020. Assume that there are no other tax-deductible expenses or special adjustments to his taxable income. Find Francisco's taxable income for 2020.Note: The 2020 standard deduction for a single tax filer is $12,400.
The time period during which the invoice is to be paid is called _______. a. None of the options b. Discount period c. Discount rate d. Credit period
D. Percentage of consumers in states with a deposit law that recycle
Allen was involved in an auto accident in which he was at fault. His car sustained damages in the amount of $,327. The other vehicle had damages costing $1,309, in repairs. Allen was not injured, but the driver of the other car required medical treatment costing $22,619 and a passenger's injuries totaled $24,051. Addittional property damage amounted to $3,460. Allen's policy includes 50/100/50 liability, $250 deductible collision and full coverage comprehensive. Determine the amount of damages the insurance company is required to pay?
The following chart shows the (approximate) total number of subprime home mortgages in a state in November 2008, broken down into four categories. MortgageStatus Current Past Due In Foreclosure Repossessed Total Number 126,330 59,310 8,250 5,190 199,080 (The four categories are mutually exclusive; for instance, "Past Due" refers to a mortgage whose payment status is past due but is not in foreclosure, and "In Foreclosure" refers to a mortgage that is in the process of being foreclosed but not yet repossessed.) (a) Find the probability that a randomly selected subprime mortgage in the state during November 2008 was neither in foreclosure nor repossessed. (Round your answer to two decimal places.) ____ (b) What is the probability that a randomly selected subprime mortgage in the state during November 2008 was not current? (Round your answer to two decimal places.) ____ fill in the blank

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