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 160 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

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

American Lives: Davy Crockett American Lives: Davy Crockett
Xinobi - Far Away Place (Jody Wisternoff & James Grant Remix) Xinobi - Far Away Place (Jody Wisternoff & James Grant Remix)
Speed of Convergence to the Steady State Speed of Convergence to the Steady State
Sketch the graph of each function using transformations. State the domain and range. Sketch the graph of each function using transformations. State the domain and range.
Two radio antennas are 130 m apart on a north-south line. The two antennas radiate in phase at ... Two radio antennas are 130 m apart on a north-south line. The two antennas radiate in phase at ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Eczema

For a complete list of videos, visit our video library