After becoming a commercial pilot, Yoni decides to purchase a 1978 Cessna 182 for \( \$ 64,995 \). Assuming sales tax is \( 5.5 \% \) of the purchase price, find each of the following. a. What is the total cost, including sales tax? \( 68569.73 \checkmark \) b. If Yoni makes a down payment of \( 5 \% \) of the total cost, find the down payment. \( \$ 3428.49 \checkmark 0^{8} \) c. Assuming Yoni finances the remaining cost at an annual interest rate of \( 7.15 \% \) for 10 years, find the monthly payment.

We deposit \( \$ 17000 \) into an account earning \( 4 \% \) interest compounded semiannually. How many years will it take for the account to grow to \( \$ 42500 \) ? Round to 2 decimal places. \( \square \) years

If you want to earn \( 4 \% \) annual simple interest on an investment, how much should you pay for a note that will be worth \( \$ 18,500 \) in 10 months? (Round your answer to two decimal places.) \( \$ \) Read It

On September 5, Zhu Company buys merchandise on account from Gao Company. The selling price of the goods is \( ¥ 15,000 \), and the cost to Gao Company was \( ¥ 8,000 \). On September 8 , Zhu returns defective goods with a selling price of \( ¥ 2,000 \) and the fair value of \( ¥ 300 \). Record the transactions on the books of Gao Company. Sept. 5 Sept. 5

2. Which statements are wrong? A. Percentage taxes are basically on sales of services. B. Percentage taxes are not allowed by law to be shifted to the customers or clients. C. An isolated transaction not in the course of business will not result in a liability for a percentage tax. D. None of the above.

Natura Company manufactures umbrella using rented machinery. Rental charges are RM15,000 per year, plus RM1 for each machine hour used. over 10,000 hours. Calculate the total cost if machine is used for: a. 8,000 hours b. 20,000 hours