Marjorie Company's cash balance per the books at the end of the month was \( \$ 8,500 \). After comparing the company's records with the monthly bank statement, Marjorie's accountant identified the following reconciling items: outstanding checks, \( \$ 800 \); deposits in transit, \( \$ 700 \); bank service charge, \( \$ 10 \); and NSF check, \( \$ 400 \). The bank collection of a note receivable was \( \$ 1,200 \) plus interest of \( \$ 130 \). There also was an EFT payment of \( \$ 160 \). What is the adjusted book balance at the end of the month?

Suppose that you camed a bachelor's degree and now youre teaching high school. The school district offers teachers the opportunity to take a year off to eam a master's degree. To achieve this goal, you deposit \( \$ 1000 \) at the end of each year in an annuity that pays \( 5.5 \% \) compounded annually. a. How much will you have saved at the end of five years? b. Find the interest.

Advice from most financial advisers states to spend no more than \( 28 \% \) of one's gross monthly income for one's mortgage payment, and to spend no more than \( 36 \% \) of one's gross monthly income for one's total monthly debt. Suppose a family has a gross annual income of \( \$ 43,200 \). a. What is the maximum amount the family should spend each month on a mortgage payment? b. What is the maximum amount the family should spend each month for total credit obligations? c. If the family's monthly mortgage payment is \( 80 \% \) of the maximum they can afford, what is the maximum amount they should spend each month for all other debt? a. The maximum monthly mortgage payment should be \( \$ \square \). b. The maximum monthly total credit obligations should be \( \$ \square \). The maximum amount they should spend monthly on all other debt is \( \$ \)

25. You own a custom computer software business. You must invest \( \$ 3,255 \) for computer hardware, and spend \( \$ 2.90 \) to buy and package each disk. If each disk sells for \( \$ 13.75 \), write a system of equations and determine how many disks you must sell to break even. 26. The ballpark needs to make at least \( \$ 15,000 \) from ticket sales. The ticket prices are \( \$ 20 \) for

To borrow money, you pawn your guitar. Based on the value of the guitar, the pawnbroker loans you \( \$ 1080 \). One month later, you get the guitar back by paying the pawnbroker \( \$ 1272 \). What annual interest rate did you pay? You will pay a simple interest rate of \( \square \% \) (Round to the nearest whole number as needed.)

For the investment situation below, identify the annual interest rate, the length of the investment in years, the periodic interest rate, and the number of periods of the investment. \( 9 \% \) compounded monthly for 3 years (a) the annual interest rate (b) the length of the investment in years (c) the periodic interest rate (d) the number of periods of the investment