Answer:
B) $ 70,000.
Explanation:
Debt service expense
Debt service expense is the interest expense incurred to avail the debt services from another entity.
Debt service expense can be calculated using the following formula
Debt service expense = Face value of Bonds x Interest rate x Semiannual fraction
Where
Face value of bonds = $3,500,000
Interest rate = 4%
Semiannual fraction = 6 / 12 = 1/ 2
placing values in the formula
Debt service expense = $3,500,000 x 4% x 1/2
Debt service expense = $70,000
Answer:
A. ensure lenders are rapaid.
Answer:The answer is $17,387.67
Explanation:
Let Principal = P, Rate = R% per annum, Time = n years
Amount = P ( 1 + R/100)∧n
P = $800, R = 7.4%, n = 24
A = 800 ( 1 + 7.4/100)∧24
A = 800 ( 1 + 0.074)∧24
A = 800 ( 1 .074)∧24
A = 800 (5.547569512)
A = 800× 5.5475569512
A = $4,438.05
Deposit made at 39th birthday
P = $800, R = 7.4%, n = 39
A = 800 ( 1 + 7.4/100)∧39
A = 800 (1 + 0.074)∧39
A = 800 (1.074)∧39
A = 800 (16.187022604)
A = 800× 16.187022604
A = $12,949.62
How much is in the IRA when Bob retires will be
$4,438.05 + 12,949.62
= $17,387.67
<span>Purchases that have substantial sociale or economic consequences represent high-involvement purchase decisions because they require a deep scrutiny phase where positive consequences are compared with negative ones to understand if benefits outweigh losses and are desirable for society.</span>
Answer: counselors
Explanation:
References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.
It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.
