Universal travel inc. borrowed $495,000 on november 1, 2018, and signed a twelve-month note bearing interest at 6%. principal and interest are payable in full at maturity on october 31, 2019. in connection with this note, universal travel, inc. should report interest payable at december 31, 2018, in the amount of (do not round your intermediate calculations):

4.950

Explanation:

6% is the interest for 12 months

From November 1 to December 31 are 2 months, and for 2 months interest we calculate as follows :

2* (6 /12) = 1%  --> this interest rate is calculated according to the period of time displayed.

The interest payable = 495.000 * 0.01 = 4.950

The interest payable = 495.000 * 0.01 = 4.950

answer; /// i do believe the correct answer is (30,000);

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.