This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Daniel James lives in a state having a sales tax rate of 7. Daniel James crossed the state line into ... (Read 141 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 24, 2018
Daniel James lives in a state having a sales tax rate of 7. Daniel James crossed the state line into a state having a 4 sales tax rate to make a purchase in the amount of 4,564 . Compute the amount Daniel James saved in sales tax by purchasing in the neighboring state.

Question 2

An investor bought an 8 bond at 106 . The bond would mature in 5 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juwms

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 24, 2018
Answer to Question 1

136.92

Answer to Question 2

6.6


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Lion and Tiger Fighting by James Ward, 1797 Lion and Tiger Fighting by James Ward, 1797
Maps are important tools in political science as they help us see relationships between politics and Maps are important tools in political science as they help us see relationships between politics and
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ... The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ...
Generation of the F2 trihybrid phenotypic ratio using the forked-line method Generation of the F2 trihybrid phenotypic ratio using the forked-line method
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library