Question

Oriole Company is constructing a building.

Construction began on January 1 and was completed on December 31. Expenditures were $6320000 on March 1, $5350000 on June 1, and $8450000 on December 31. Oriole Company borrowed $3240000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $6380000 note payable and an 11%, 4-year, $12450000 note payable.

What is the actual interest for Oriole Company?

 

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Question

Let U = {English, French,

History, Math, Physics, Chemistry, Psychology, Drama}, A = {English, Chemistry, French, Psychology},

 B = {Physics, Math, Drama, French, Psychology},

 and C = {History, Chemistry, Drama}.

 Find the following.

n(B ∪ C)

 

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