Business

Yael Barber

22 December, 02:01

Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will the college earn on the investment

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Which type of company must have a public-service mission and purpose? A. S corporation B. Nonprofit corporation C. Franchise D. LLC

Nichols Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected.

The human resources manager at swingline, inc., a manufacturer of office staplers, wants to encourage a more ethical climate in the organization. a likely way for swingline to do this is to a.

Make a case that development economics might be merely a combination of all the other subfields of economics, only applied to low-income countries.

Select the correct answer. Which factor can be a reason for government intervention? A. overpopulation B. parity of wealth C. increase in literacy D. increase in job opportunities E. technological growth

New Questions in Business

J has a whole life policy with a return of premium rider. Which of the following would best describe this rider? A term rider on a permanent policy

Assume a certain firm is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $20 and its average total cost equals $25. The firm sells its output for $30 per unit. Refer to Scenario 14-2.

What is the market structure of MTN

Hi-Tek is a young start-up company that is currently retaining all of its earnings. The company plans to pay a $2 per share dividend in Year 7 and increase that dividend by 2.2 percent per year thereafter.

Under the UCC, if a contract does not designate the place of delivery for the goods, then the goods must be made available at a location halfway between the seller's and the buyer's places of business. a) true b) false