One of your customers has just made a purchase in the amount of $22,400. You have agreed to payments of $425 per month and will charge a monthly interest rate of 1.23 percent. How many months will it take for the account to be paid off

On june 1 of the current year, chad wilson established a business to manage rental property. he completed the following transactions during june: opened a business bank account with a deposit of $28,000 from personal funds. purchased office supplies on account, $2,690. received cash from fees earned for managing rental property, $7,390. paid rent on office and equipment for the month, $3,310. paid creditors on account, $1,230. billed customers for fees earned for managing rental property, $6,130. paid automobile expenses (including rental charges) for the month, $740, and miscellaneous expenses, $370. paid office salaries, $2,330. determined that the cost of supplies on hand was $1,590; therefore, the cost of supplies used was $1,100. withdrew cash for personal use, $2,210. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300) answer

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a