BUSN 380 Week 2 Quiz Set 1 For more course tutorials visit www. tutorialrank. com
Monthly fee, $ 3.75; Processing fee, 25 cents per check; Checks written, an average of 22 a month.
3. What would be the average tax rate for a person who paid taxes of $ 4,864.14 on a taxable income of $ 39,870?
4. A payday loan company charges 4 percent interest for a two-week period. What would be the annual interest rate from that company?
5. What is the annual opportunity cost of a checking account that requires a $ 350 minimum balance to avoid service charges? Assume an interest rate of 6.5 percent.
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BUSN 380 Week 2 Quiz Set 1 For more course tutorials visit www. tutorialrank. com
Question 1. 1.( TCO 2) This type of tax is assessed on specific goods and services at the time of purchase.
Estate