I need help with 9 BUSINESS AND FINANCE BASICS 1 multiple choice questions. I am willing to pay $1 for the correct answer to each question. I do not wish to pay for incorrect answers or unanswered questions. If you are interested in providing BUSINESS AND FINANCE math assistance, please let me know.

I have marked the incorrect answer with ” – Incorrect Answer”

BUSINESS AND FINANCE BASICS 1

2. What is the effective rate of a $30,000 non-interest-bearing simple discount 5%, 60-day note? A. 5.14% B. 6.0% C. 5% – Incorrect Answer D. 5.04%

3. To date, Jay Ward has cumulative earnings of $107,600. This week he is paid $3,000. What is the total amount of Social Security tax for this week? Assume a rate of 6.2% on $110,100 for Social Security and 1.45% for Medicare. A. $186.00 – Incorrect Answer B. $155.00 C. $180.00 D. $57.66

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