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olganol [36]
3 years ago
5

Ot counting any medical expenses or the cost of a new car, a dwi conviction may carry a total financial cost of __________ or mo

re.
Business
1 answer:
Ilya [14]3 years ago
5 0
N<span>Ot counting any medical expenses or the cost of a new car, a dwi conviction may carry a total financial cost of $17,000.
Falsifying this type of information is considered as legal in the United States. Depending on the states where it happend, the perpetrator may have to face several years in Jail.</span>
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D it makes the most sense
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2 years ago
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Answer and Explanation:

The journal entries are shown below

1. Cash Dr $50,500

        To Note payable $50,500

(Being the amount borrowed is recorded)                    

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        To Note payable $61,200

(Being the amount borrowed is recorded)          

3. Interest expense $2,020

         To Interest payable $2,020

(Being the interest expense is recorded)

The computation is shown below:

= $50,500 × 8% × 6 months ÷ 12 months

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         To Interest payable $612

(Being the interest expense is recorded)

The computation is shown below:

= $61,200 × 6% × 2 months ÷ 12 months

= $612    

5. Note payable $61,200

    Interest expense $306

   Interest payable $612

          To Cash $62,118       ($61,200 + $918)

(Being the principal and the interest is recorded)

= $61,200 × 6% × 3 months ÷ 12 months

= $2,020

5. Note payable $50,500

    Interest expense $1,010

   Interest payable $2,020

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(Being the principal and the interest is recorded)

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8 0
3 years ago
Three years ago, Joe bought a 5-year, 10% coupon paid semiannually bond for $1000. Currently, with interest rates having risen s
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Answer:

3.63%

Explanation:

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By entering the following data on a financial calculator, rate is calculated as 1.81%.

Semiannual yield = 1.81%

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