< Question 32 of 73 , \( \begin{array}{l}\text { This test: } 100 \text { point(s) } \\ \text { possible } \\ \text { This question: } 1 \\ \text { point(s) possible }\end{array} \) Bird's Nest had net credit sales for the current period of \( \$ 540,000 \) and average net receivables were \( \$ 50,000 \). What is the days' sales outstanding? (Use a 365 -day year for your calculations. Round any intermediary calculations to two decimal places and your final answer to the nearest day.)

Find the missing value. \[ P=\operatorname{Php} 12,000 ; r=5 \% ; t=\text { ? } \] years; \( \quad=6,000 \) Your answer

than is looking to take out a mortgage or \( \$ 620,000 \) from a bank offering an nnual interest rate of \( 4.5 \% \), ompounded monthly. Using the formula elow, determine his monthly payment, o the nearest dollar, if the loan is taken ver 25 years. \[ M=\frac{P r}{1-(1+r)^{-n}} \]

\( \$ 5000 \) are invested in a bank account at an interest rate of 5 percent per year. Find the amount in the bank after 13 years if interest is compounded annually. Find the amount in the bank after 13 years if interest is compounded quarterly. Find the amount in the bank after 13 years if interest is compounded monthly. Finally, find the amount in the bank after 13 years if interest is compounded continuously.

Consider a credit card with a balance of \( \$ 9000 \) and an APR of \( 16.5 \% \). If you want to make monthly payments in order to pay off the balance in 3 years, what is the total amount you will pay? Round your answer to the nearest cent, If necessary.

Find the missing value. \[ P=\text { Php 27,000; } r=? ; \quad t=6 \] months; \( \quad \mid=3,500 \) Your answer