1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexandr1967 [171]
3 years ago
13

Determine the total interest expense for 20Y1. Enter amount as a positive number.

Mathematics
2 answers:
Hoochie [10]3 years ago
8 0

Face Value of Bonds: $50,000,000

Issued Value: $43,768,920

Discount on Bonds: 50,000,000 - 43,768,920 = $6,231,080

Amortization of Discount: 6,231,080 / 10 * 6/12 = $311,554

Semi Annual Interest Payment: $50,000,000 x 8% x 6/12 = $2,000,000

Total Interest = $2,000,000 + $311,554 = $2,311,554

                                           

slavikrds [6]3 years ago
6 0

Answer:

Face Value of Bonds: $50,000,000

Issued Value: $43,768,920

Discount on Bonds: 50,000,000 - 43,768,920 = $6,231,080

Amortization of Discount: 6,231,080 / 10 * 6/12 = $311,554

Semi Annual Interest Payment: $50,000,000 x 8% x 6/12 = $2,000,000

Total Interest = $2,000,000 + $311,554 = $2,311,554

Step-by-step explanation:

You might be interested in
Help pleaseeeeeeeeeeeeee
wolverine [178]

Answer:

4z^2+7z

you have to combine the like terms

7z+4z^2+6-6

then becomes

(4z^2) + (7z) + (6-6)

gets you to the simplified version which is

4z^2 +7z

4 0
3 years ago
Vanessa earned $76.00 in 8 hours. How much did she earn per hour?
RoseWind [281]

Answer:

B

Step-by-step explanation:

76/8 = 9.5

Choice B

6 0
3 years ago
Read 2 more answers
The actual depth of a lake is 15.8 meters.
Anna35 [415]

Answer:

0.2 meters

Step-by-step explanation:

16-15.8 is 0.2 haha

8 0
3 years ago
Y=2x+1<br> answers anyone?
laila [671]

Answer: y= 2

Step by step: Multiply 2 and 1 to get 2

6 0
3 years ago
$550 at 4% compounded daily for 13 years
vichka [17]

Answer:Sydney’s

Step-by-step explanation:

Rhrurjeuejej

5 0
3 years ago
Read 2 more answers
Other questions:
  • now i know you multiply the variables with the equation but i dont exactly know if im doing this right.​
    7·1 answer
  • A system of equations has no solution. If y = 8x + 7 is one of the equations, which could be the other equation?
    14·1 answer
  • To solve an equation what do you use to isolate the variable?
    11·1 answer
  • Will give BRAINLIEST - Can somebody help me with this math question?
    14·1 answer
  • I really need help with this!!!!!!! 2x=26 2x=26
    15·2 answers
  • What is the solution to the system of equations below? HELP!!!! y = negative one-fourth x + 2 and 3 y = negative three-fourths x
    13·2 answers
  • 12x^2-11x+2 sho work
    9·1 answer
  • In the diagram, the length of segment VS is 39 units.
    11·2 answers
  • What does the Angle-Angle Criterion tell you about the relationship between two triangles?
    6·1 answer
  • A number is les than or equal to -11
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!