For services rendered, an attorney accepts a 90-day note for $5,500 at 8% simple interest from a client. (both interest and principal are repaid at the end of 90 days.) wishing to use her money sooner, the attorney sells the note to a third party for $5,560 after 30 days. what annual interest rate will the third party receive for the investment?

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.