What is the total payment required to pay off a promissory note issued for $400.00 at 6% ordinary interest and a 90-day term?​

Answers

Answer 1

The total payment required to pay off a promissory note issued for $400.00 is $406.

Using this formula

Total payment=Promissory note+(Promissory note× Ordinary interest× 90 day term/360)

Where:

Promissory note=$400

Ordinary interest=6%

Let plug in the formula

Total payment= $400 + ($400 × 6% × 90 days ÷ 360 days)

Total payment= $400 + $6

Total payment= $406

Inconclusion the total payment required to pay off a promissory note issued for $400.00 is $406.

Learn more about  promissory note here:https://brainly.com/question/948552


Related Questions

What type of federal funding is free money, but is based
on financial need only?

A.Federal grants

B.All federal scholarships

C.The 529 Plan

D.None of these are correct

Answers

Answer:

Try A. Federal Pell Grant

Answer:

answer : b

Explanation:

cauise

One of the most popular and effective ways to teach students are known as S.M.A.R.T goals. S.M.A.R.T is an acronym that stands for specific, measurable, achievable, relevant, and timely.

a. True
b. False

Answers

a. True.

S.M.A.R.T is an acronym that stands for “Specific, Measurable, Achievable, Relevant, and Timely”.

What are levels of production?

Amount of goods produced
Primary production
Producing at the Secondary level
Tertiary Production

Answers

Answer:

first one

Explanation:

Answer:

first one

Brainless and thanks plz

Explanation:

Which employees typically work in an office environment within schools? Check all that apply.
School Psychologist
School Secretary
qInstructional Designer
Tutor
Librarian
Teacher

Answers

2 or either 3 is the answer

Answer:

B, E, F

Explanation:

If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.

Answers

D, the price is likely to decrease

you’ve dreaded it for a while, but now you feel prepared. in 30 minutes you’ll have to terminate tim, a 12-year employee who is beloved by everyone in the firm. unfortunately, he just hasn’t performed very well since his wife died three years ago and while he was given every chance to regain his performance, he has just continued to slide. which of the following elements of communication is least likely to influence tim’s perception of your communication effectiveness?

Answers

Pace is the elements of communication that is least likely to influence tim’s perception of your communication effectiveness

Pace in this context refers to the speed at which the message is passed across to the receiver.

Effective communication entails a conveyed information in an effective and efficient manner.

In conclusion, the Option B is correct because Pace is the elements of communication that is least likely to influence tim’s perception of your communication effectiveness

Missing options includes "A)Tone, B)Pace, C)Indirect Non-verbals, D)Formailty"

Read more about communication effectiveness

brainly.com/question/23946922

Besides pricing and issues directly related to costs, what are at least two other considerations you would need to think about before marketing a product in multiple countries?
Imagine you are a board game creator with a great new idea, but little business experience. What are some of the benefits you could get out of going to a board game conference or convention?
Craft a short (three or four sentence) sales pitch with you as the product—that is, some service you offer, or maybe selling yourself as an employee. To help create the message, imagine you happened to be entering an elevator the same time as the potential customer/client/employer. What could you say in the short time it takes to go between a few floors to convince them to “buy” what you are offering?
You are opening a store that sells children’s hiking gear, aimed especially at very small children (preschoolers). What kind of brand could help you increase sales? What kind of logo might you use? Who is, ultimately, your target audience?
60 IF you answer these questions ASAP
EXPLAIN YOUR ANSWERS

Answers

Answer:

Publicity, connections, promotion, tips, advice, business partners, investors, Offers.

Explanation:

Conventions and conferences for anything are always meant for meeting others like you. They are created for social connection.

Two considerations to think about before marketing a product in multiple countries are cultural differences and language barriers.

What is marketing?

Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services.

Cultural differences and language barriers are two factors to consider before marketing a product in multiple countries.

Different cultures have different values, customs, and preferences, which can influence how products are perceived and used.

Attending a board game conference or convention could provide several advantages as a board game creator with little business experience.

These events allow you to network with other game designers, publishers, and distributors while also showcasing your game to potential customers.

A brand that promotes outdoor exploration and adventure for young children could help increase sales for a store that sells children's hiking gear aimed at preschoolers.

Thus, this can be concluded regarding the given scenario.

For more details regarding marketing, visit:

https://brainly.com/question/13414268

#SPJ3

Mystery of the Red Truck



By Sally Nicholls, a local reporter




It has been confirmed that late on the night of the sixth of July, a large red truck ran into the bakery on Maryland Street. After an initial investigation by police, it is now clear that the truck had no driver at all. The locals are asking a simple question: "Where was the driver?"



If the police want to solve this mystery, they will need the CCTV footage from the street. One of the locals said: "We’re all quite worried about a truck with no driver. This truck has never been seen in the neighbourhood before. If we’d seen that truck before, we’d solve this mystery now."



Many locals share the same concerns. They want to know what’s happening in their town. A witness at the crime scene told police: "There was a loud noise coming from the truck while it was going towards the building and its speed.... it was unbelievable. If it had been going

Answers

The locals didn´t know that the red truck had an old driver, so the answer is False.

To know specific data about a story we must have good reading comprehension to understand every detail of the history of the text. Some tips to improve our reading comprehension are:

Read slowly. Be analytical with the text. Take note of the details. Read daily.

These tips will help us to have better reading comprehension. Now it is time to use these tips to identify if the locals knew the truck driver, it is necessary to reread the text and pay careful attention to each of his sentences. Some phrases that can help us solve this question are:

We're all quite worried about a truck with no driver If it had been going slower, I would've had a chance to see the driver.

According to these sentences, it can be inferred that none of the locals saw the driver, so they cannot know if the driver was old or young or what characteristics he had.

Note: This question is incomplete because the text is incomplete and the question is missing. Here is the complete information:

A witness at the crime scene told police: “There was a loud noise coming from the truck while it was going towards the building and its speed.... it was unbelievable. If it had been going slower, I would’ve had a chance to see the driver. But all I saw was the truck speeding into the bakery as fast as it could. ’’

The police have already spoken with eleven other residents but no one knows any further details about the incident. Superintendent Amanda Slippers remarked: “This is a tough case. The truck licence plate belongs to this town, but nobody has seen it here. According to the town records, the owner of the truck moved away from here years ago. No one knows where to. If we located the owner, we'd probably solve this mystery.’’

If a truck moves, then it has a driver. Well, maybe we should change this basic assumption on account of this mysterious red truck.

The locals knew that the red truck had an old driver.

True

False

Learn more about Red Truck in: https://brainly.com/question/1154046

The market value for each type of expenditure is given for a hypothetical country in the table above. Calculate the gross domestic product of this country.


O $3,900

O $4,100

O $5,100

O $4,000

Answers

Answer:

Economic Performance Unit Test

1. -Notebooks sold to students.

-French fries sold to customers at a restaurant.

2. - $4,100

3. - The market value of new factories built this year.

4. - Real GDP fluctuates but follows an upward-sloping trend line.

5. - 100%

6. - 6.5 billion dollars

7. - 1.10%

8. Unemployment associated with workers who are between jobs.; Frictional unemployment

Unemployment resulting from mismatches between employer needs and employee skills.; Structural unemployment

Unemployment associated with the highs and lows of the business cycle.; cyclical unemplyment

9. -17%

10. - The economist is correct. Since more people are entering the workforce than are leaving it, a lack of jobs growth could result in a higher level of unemployment, even if the growth is not negative.

11. -4.8%

12. - An increase in the price of oil has reduced supply of all goods and services that use oil as an input.

- A tornado destroys factories and lowers supply levels throughout the economy.

13. housing costs,clothing cost utilities costs are Suuplemental Poverty Measure

food cost is both.

14.- negative income tax

15. - After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.

-After adopting a new typing strategy, a data scientist is able to provide more data services to clients.

16. - GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

17. Essay

Explanation:

I just took the test these are 100% Correct.

Mark me braliest!!!!!

!00 %

Based on the market values given of the nation above, the gross domestic product is $4,100.

What is the GDP of this nation?

That can be found by the formula:
= Consumption + Investment + Government Spending + Exports - Imports

Solving gives:

= 2,000 + 1,000 + 1,000 + 600 - 500

= $4,100

In conclusion, option B is correct.

Find out more on GDP at https://brainly.com/question/1383956.

Other Questions
A ring is made of .... gold. (a/an/the) 1. seorita mankowski y seorita broyan ______ profesoras de ciencias sociales 2. ____ las siete de la noche3.mi padres _____ enojados4.hoy es viernes! yo ___ emocionado 5.tus primas _____ en la universidad 6. tu _____ en Francia 7. mis padres ____ de Argentina 8. ellas ___ muy jovenes9. su pelo ____ negro10. senorita Johnson _____ profesora de ingles Q44. Cell A20 displays an orange background when its value is 5. Changing the value to 6 changes the background color to green. What type of formatting is applied to cell A20 Fill in the blank with a suitable ARTLCLE1. What.....nice view!2. He doesn't like listening to ... music but he often watches... television. He never listens to... radio. antonio baked 150 muffins 46% are blueberry how many blueberry muffins did he bake 15 points who can solve help plsss now What is the solution to -2(8x 4) < 2x + 5?o xsoxcaO x>6O x Which of these would be the best way to inform an employee that they are losing their job?Group of answer choicesgroup emailface-to-face conversationinstant messagepersonal email write an equation in slope intercept form for the line that passes through the point, and is perpendicular to the line y=-1/3x+9;(-6,-2) Which word pair shows the correct placement of accent marks in the words que and como when they are questions?A. que; comoB. qu; cmoC. qe; comD. qe; como what did industrial consolidation and trusts reduce during the late 1800s? Suffrage is the right to __________. How much does the state spend in tax dollars altogether? a. 20 million dollars b. 12 million dollars c. 24 million dollars d. 48 million dollars HELPPPP ASAPPPPPPPPPPPP Edit the paragraph to correct punctuation with conjunctive adverbs. Alexander Hamilton, the founding father shown on the $10 bill, grew up in poverty. He worked hard to get an education subsequently he became George Washington's secretary during the Revolutionary War. Later he served as a delegate to the Constitutional Convention. Then Washington asked him to serve as Secretary of the Treasury consequently Hamilton became the father of our nation's financial system. Please help! Im so confused. science book exercise 13.1 Question 10 of 15Which organizational pattern best fits an essay that responds to this prompt? Which inequality is true when x = 4? what are the fundamental factor for local level vocation?list them and explain three of them