Byron filed for bankruptcy a few years ago, but is still paying higher deposits and interest rates. Byron has calculated that he paid an average of $79.15 per month in additional charges as a result of his bankruptcy. If Byron been able to save this money for the year and then put it into a savings account earning 2% simple interest, how much money could he have in savings after another year?
a.$949.80
b.$968.80
c.$1,139.76
d.$1,918.60
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Byron filed for bankruptcy a few years ago, but is still paying higher deposits and interest rates. Byron has calculated that he paid an ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which degree is commonly earned by those interested in a career in business? A. MSA B. MBA C. MFA D. MS
Answers (1)
List three resources used in agriculture
Answers (1)
If the real rental price of capital is $10,000 per unit and the real cost of capital is $9,000 per unit, to maximize profits a firm should: add to its capital stock. keep its capital stock unchanged. let its capital stock shrink.
Answers (1)
What type of market should be considered for these services or products: A diet and weight loss clinic located in a new suburban community? Micro-market Mass-market Untapped markets Targeted markets Redefined market
Answers (1)
A financial planner is examining the portfolios held by several of her clients. Which of the following portfolios is likely to have the smallest standard deviation?
Answers (1)
New Questions in Business
Peter calls his friend Lily to borrow $500. On the side of a box, Peter writes and signs a note stating he will pay back the $500 as long as Lily allows him to use her car until he gets a job.
Answers (1)
The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 42,800 Current assets $ 17,500 Long-term debt $ 37,000 Costs 35,500 Fixed assets 68,300 Equity 48,800 Taxable income $ 7,300 Total $ 85,800
Answers (1)
Steps that explain exactly what you are going to do to reach your goal are called
Answers (1)
The following information is available for Splish Brothers Corp. for the year ended December 31, 2022.
Answers (1)
Which of the following is true regarding internal customers of an organization? They buy products or services for their own personal use. They receive goods or services from someone within the organization.
No Answers