Business math problems pls help!!
Evander Holyfield (the champion boxer who had a part of his ear bitten off by mike Tyson) make $250 million during his boxing career but declared bankruptcy because of poor financial choices. His July interest at 15% was $155. What was Evanders principal at the beginning of July? (Use 360 days a year do not round intermediate calculations. Round final answer to the nearest whole dollar)
Homework Answers
Principal is a sum of amount on which interest is paid. The principal amount is calculated using the formula of simple interest. Simple interest is interest charged on the principle.
Consider the following information of the person EH:
Assume 360 days.
Calculate the principal using the following formula:
…… (1)
Calculate the person EH’s principal at the beginning of August using the formula 1 as shown below:
Verify the answer using the following formula:
…… (2)
The interest is I.
The principal is P.
The rate is R.
The time is T.
Substitute the values in the formula 2 and verify the solution as shown below:
Hence, the principal EH earned at the beginning of August is 
.
Evander Holyfield (the champion boxer who had part of his ear bitten off by Mike Tyson)...
Evander Holyfield (the champion boxer who had part of his ear bitten off by Mike Tyson) made $550 million during his boxing career but declared bankruptcy because of poor financial choices. His July interest at 18% was $372. What was Evander's principal at the beginning of July? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) Principal
16 × 8 https/ Evander Holyfield (the champion boxer who had part of his ear bitten...
16 × 8 https/ Evander Holyfield (the champion boxer who had part of his ear bitten off by Mike Tyson) made $250 million during his boxing career but declared bankruptcy because of poor nancial choices. His July interest at 6% was S930, what was E and s pal at the g of August (assume 360 days)? (Use 360 days a year. Do not round intermediate calculations. Round your answer to the S 18,000 .00
business mathematics
Evander holyfield (known as the man who had part of his ear bit off by mike tyson) made $250 million during his boxing career but declared bankruptcy due to poor financial choices. his july interest at 15% was $155. what was evander's principal at the beginning of july? (use 360 days a year. do not round intermediate calculations.)
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Evander Holyfield (the champion boxer who had part of his ear bitten off by Mike Tyson) made $550 million during his boxing career but declared bankruptcy because of poor financial choices. His July interest at 18% was $372. What was Evander's principal at the beginning of July? (Use 360 days a year. Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) Principal
16 × 8 https/ Evander Holyfield (the champion boxer who had part of his ear bitten off by Mike Tyson) made $250 million during his boxing career but declared bankruptcy because of poor nancial choices. His July interest at 6% was S930, what was E and s pal at the g of August (assume 360 days)? (Use 360 days a year. Do not round intermediate calculations. Round your answer to the S 18,000 .00
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
SYNOPSIS The product manager for coffee development at Kraft Canada must decide whether to introduce the company's new line of single-serve coffee pods or to await results from the product's launch in the United States. Key strategic decisions include choosing the target market to focus on and determining the value proposition to emphasize. Important questions are also raised in regard to how the new product should be branded, the flavors to offer, whether Kraft should use traditional distribution channels or...
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