Travis purchased a soccer team and financed the purchase with a 15 year loan. Interest was charged at 6.00% per annum and payments were made on an annual basis with the first payment made one year after the loan was originated. Travis's principal payment in the 14th year was $73,309.19. How much interest was paid with the payment in the 4th year

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million.a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.