You purchase a computer for $755.00 plus 5% sales tax. You decide to finance it through the store’s 0% interest program for six months. The terms state you must pay $50.00/month and that if you miss a payment, you will be assessed a late fee of $39.00 plus the interest accrued to that point at a 17.25% APR. If you miss a payment in the fifth month, how much interest will you be charged? $48.78

You purchase a computer for $755.00 plus 5% sales tax. You decide to finance it through the store’s 0% interest program for six months. The terms state you must pay…

Continue ReadingYou purchase a computer for $755.00 plus 5% sales tax. You decide to finance it through the store’s 0% interest program for six months. The terms state you must pay $50.00/month and that if you miss a payment, you will be assessed a late fee of $39.00 plus the interest accrued to that point at a 17.25% APR. If you miss a payment in the fifth month, how much interest will you be charged? $48.78

The treasurer has one final request before he presents his currency risk reduction plan to the board of directors next week. He would like you to construct information document detailing the various concepts with examples because these are not clearly understood by several members of the upper-level management. How will you explain

The treasurer has one final request before he presents his currency risk reduction plan to the board of directors next week. He would like you to construct information document detailing…

Continue ReadingThe treasurer has one final request before he presents his currency risk reduction plan to the board of directors next week. He would like you to construct information document detailing the various concepts with examples because these are not clearly understood by several members of the upper-level management. How will you explain