User Account

All Pages

How long will it take her to repay the loan

Assignment Help Accounting Basics
Reference no: EM13505471

While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 9.90%. If Mary repays $1,500 per year, how long (to the nearest year) will it take her to repay the loan?

Reference no: EM13505471

Questions Cloud

Explain both usages of the terms debit and credit : The words debit and credit are used in two ways in accounting: ''e.g., to debit an account'' and ''a debit balance.'' Explain both usages of the terms debit and credit.
What is the engines mechanical power output : In a certain automobile engine, 17% of the total energy released in burning gasoline ends up as mechanical work. What is the engine's mechanical power output if its heat output is 78 kW
Explain water spontaneously to carboxylic acid : Acyl chloride can hydrolyze in water spontaneously to carboxylic acid. In the interfacial polymerization water is used as one of the solvent, why you don't have to worry about the hydrolysis of sebacoyl chloride in this action
Explain how does temperature affect bod5 : How does temperature affect the rate of biodegradation. How does temperature affect BOD5. How does temperature affect the ultimate BOD.
How long will it take her to repay the loan : While Mary Corens was a student at the University of Tennessee, she borrowed $12,000 in student loans at an annual interest rate of 9.90%. If Mary repays $1,500 per year, how long (to the nearest year) will it take her to repay the loan?
What is the firm supply function : What is the firm's supply function when the $500 fixed cost is sunk?
Find the direction and magnitude of the owners velocity : A 16.2 dog is running northward at 2.77 , while a 4.51 cat is running eastward at 3.05. Find the direction and magnitude of the owner's velocity
Depict a newman projection of the most stable conformation : Sight along c2-C3 bonf of 2,3-dimethylbutane, and draw a Newman projection of the most stable conformation
What is the market supply curve : What is the market supply curve?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine amount of interest to be capitalized

Determine the amount of interest to be capitalized in 2010 in relation to the construction of the building. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2010."

  An aging of accounts receivable indicated that 62500 of

before year-end adjusting entries carter companys account balances at december 312013 for accounts receivable and the

  Calculate inventory on each of the bases

Calculate the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept inunits only. carry unit costs to the nearest cent.

  What is eyewitness identification how do eyewitness

what is eyewitness identification? how do eyewitness identification procedures affect the systematic procedures within

  Leach company invested 80000 in a certificate of deposit

leach company invested 80000 in a certificate of deposit onjune 1 2008. the certificate had a 6 annual interest rate

  Formula to reduce the tax liability

A non profit company sells a pair of shoe that has a cost of $2.00 for the price of $102.00. The gross profit is 100%. The tax libility is 37%. What is the formula to reduce the tax liability to 0%

  Know and understand the fundamental accounting concepts

accounting study guide need all subjects explained as much as possible1. know and understand the fundamental accounting

  Preparing the journal entries problem

please these one cant figure out how to prepare journal entries for these please help me.

  Your boss in a hypothetical organization has asked you to

your boss in a hypothetical organization has asked you to prepare a training program for new employees in the customer

  Difference between a branch and a department

What is the difference between a branch and a department ? whatare the essentials of branch accounts?

  In january 2007 the average price of an asset was 27558 5

in january 2007 the average price of an asset was 27558. 5 years earlier the average price was 21408. what was the

  Give the journal entry to charge standard

Give the journal entry to charge standard overhead costs to work in process and record overhead variances for the month given the following information: Actual overhead $21,580 Standard overhead $20,000,Volume variance $2,080 U Spending variance $150..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd