Q: Two equal payments, 50 days and 150 days after the date
Two equal payments, 50 days and 150 days after the date of the loan, paid off a $3000 loan at 10 1 4 % . What was the amount of each payment?
See AnswerQ: The profit forecast for the most recent fiscal quarter is $23
The profit forecast for the most recent fiscal quarter is $23,400. The actual profit is 90% of the forecast profit. What is the actual profit?
See AnswerQ: Renalda sold Westel stock that she purchased at $2.20
Renalda sold Westel stock that she purchased at $2.20 per share one year ago for a 35% gain. At what price did she sell the stock?
See AnswerQ: Luther is paid an annual salary of $56,600 based
Luther is paid an annual salary of $56,600 based on a 37.5-hour workweek. 1. What is his equivalent hourly wage? (Assume that a year has exactly 52 weeks.) 2. What would be his total remuneration for...
See AnswerQ: Istvan earns an annual salary of $61,000 as an
Istvan earns an annual salary of $61,000 as an executive with a provincial utility. He is paid biweekly. During a strike, he worked 33 hours more than the regular 75 hours for a two-week pay period. W...
See AnswerQ: Sonja is paid $42.50 per hour as a veterinarian
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 1 2 times the regular rate for all time exceeding 7 1 2 hours in a day or 37 1 2 hours per week. Work on a statutory holiday is paid at...
See AnswerQ: Marion receives a monthly base salary of $1000. On the
Marion receives a monthly base salary of $1000. On the first $10,000 of sales above her monthly quota of $20,000, she is paid a commission of 8%. On any additional sales, the commission rate is 10%. W...
See AnswerQ: Lauren’s gross pay for July was $3188.35 on net
Lauren’s gross pay for July was $3188.35 on net sales totaling $88,630. If her base salary is $1000 per month, what is her rate of commission on sales exceeding her monthly quota of $40,000?
See AnswerQ: Havel signed a listing agreement with a real estate agent. The
Havel signed a listing agreement with a real estate agent. The commission rate is 4% on the first $200,000 of the selling price, and 2.5% on the remainder. 1. What commission will Havel pay if he sell...
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