Solved: Compusystems was supposed to pay a manufacturer 19000 on a, Business Economics

+44 141 628 6080
[email protected]

Compusystems was supposed to pay a manufacturer 19000 on a

CompuSystems was supposed to pay a manufacturer $19000 on a date 4 months ago. CompuSystems is proposing to pay $10000 today and the balance in 5 months , when it will receive payment on a major slaw to the government. Assuming that the manufacturer requires 18% per year compounded monthly on overdue accounts. What should the second payment be?

Solution Preview :

Prepared by a verified Expert

Business Economics: Compusystems was supposed to pay a manufacturer 19000 on a

Reference No:- TGS02255797

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Business Economics

Q : Prepare an income tax return by hand in blue pen no tax

tax return assignmentrequirementsprepare an income tax return by hand in blue pen no tax software with provided

Q : Determine the market capitalization of the firms common

hi i need to calculate the weighted average cost of capital for apples inc please if you can help as soon as possible i

Q : Find the number of payments required to repay the loan how

for a loan of 55000 with an annual interest rate of 5 pa compounded monthly and monthly repayments of 1100 find the

Q : On sunday july 11 2010 spain and the netherlands played in

question on sunday july 11 2010 spain and the netherlands played in the 2010 world cup final in johannesburg on the eve

Q : Compusystems was supposed to pay a manufacturer 19000 on a

compusystems was supposed to pay a manufacturer 19000 on a date 4 months ago compusystems is proposing to pay 10000

Q : Jerry who is age 56 was just called into the presidents

jerry who is age 56 was just called into the presidents office at napa sunrise inc he just learned that his position

Q : What was your role in your family group what was the most

assignmentafter you attend the simulation you are expected to reflect on your experience and write a 5-paragraph essay

Q : Rather than making equal annual payments you decide to make

1 you are celebrating your 35thnbspbirthday today and want to start saving for your retirement at age 65nbspyou want to

Q : Barbara must buy four new tires for her car she is

barbara must buy four new tires for her car she is considering buying tires that are 25 apiece more than her regular

1957418

Questions
Asked

3,689

Active Tutors

1426166

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Medication for postoperative nausea and vomiting

Question: Which medication for postoperative nausea and vomiting (PONV) is contraindicated for use in the pediatric population?

Child prescribed prednisone for exacerbation of asthma

Question: Which adverse reaction would the nurse monitor for in a child prescribed prednisone for exacerbation of asthma?

What if a parent of hispanc origin informs nurse of plans

Which action would the nurse perform if a parent of hispanc origin informs the nurse of plans to wean their 10-month-old child by giving anise tea

How health care reimbursement is delivered

The revenue cycle involves many steps, and each step has a critical role in how health care reimbursement is delivered.

How to improve overall health of elementary school children

According to Healthy People health indicators, which area would the nurse include to improve the overall health of elementary school children?

How would you instruct the patient to taper off clonazepam

How would you instruct the patient to taper off clonazepam? What other medication would you recommend for the patient for the treatment

How to prevent interference with an intravenous infusion

Which action would the nurse take in providing care for an 8-month-old infant restrained to prevent interference with an intravenous infusion?