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Sonbull [250]
3 years ago
15

Muriel buys a $2,000 savings bond with a 4% coupon and 20 years to maturity. How much interest will she earn over the life of th

e bond?
Business
1 answer:
irina1246 [14]3 years ago
3 0
To solve: use the simple interest calculation.

interest earned over the life of the bond = (bond price)(coupon rate)(years)
= (2,000)(0.04)(20)
= $1,600

So after 20 years on a 4% coupon bond starting at $2,000 Muriel will earn $1,600 in interest. 
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seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pensio
Lemur [1.5K]

Answer: funded status relative to the projected benefit obligation

Explanation:

A defined benefit pension plan is a pension plan type in which the employer promises to pay the worker a lump sum or a pension payment which is based on the earnings history, age and the tenure of service of the worker.

Since Seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pension asset/liability that will be equal to the funded status relative to the projected benefit obligation.

4 0
3 years ago
In which order do the stages of the product life-cycle occur?
telo118 [61]

Answer:

Depending on how many stages you like to go by here are the phases

<u>6 Stages:</u>

1. Development

2. Introduction

3. Growth

4. Maturity

5. Saturation

6. Decline

<u>4 Stages:</u>

1. Development/Introduction

2. Growth

3. Maturity

4. Decline

Explanation:

Check the Attached Image!

6 0
3 years ago
TREMAINE:
WITCHER [35]

The amount of money he will save by paying an extra $15,000 upfront is $11,974.80.

Loan = Cost - Down payment

Loan = $145,000 - $15,000

Loan = $130,000

<u>Given Information</u>

P/Y= 12, C/Y=12

N= 30*12= 360

I/Y = 4.38

PV= -130,000

Monthly payment = PMT(C/Y, N, I/Y, -PV)

Monthly payment = $649.45

Total interest over the whole term = Monthly payments * Number of payments - Loan

Total interest over the whole term = $649.45*360 - $130000

Total interest over the whole term = $103,802

 

If waited to have down payment of $30,000: The Loan= $145,000 - $30,000 = $115,000

<u>Given information</u>

N= 30*12= 360

I/Y = 4.38

PV= -115,000

Monthly payment = PMT (N, I/Y, -PV)

Monthly payment = $574.51

Total interest over the course of the mortgage = $574.52*360 - $115,000

Total interest over the course of the mortgage = $91,827.20

Money saved by paying extra $15,000 upfront = $103,802 - $91,827.20

Money saved by paying extra $15,000 upfront = $11,974.80

Therefore, the amount of money he will save by paying an extra $15,000 upfront is $11,974.80.

Learn more about fixed mortgage:

<em>brainly.com/question/2501237</em>

5 0
2 years ago
Read 2 more answers
Universal Containers is experiencing a drop in profitability due to excessive sales discounting. What can Universal Containers do
nika2105 [10]

Answer:

A, D,  E

Explanation:

Universal Container can monitor how the discounts are affecting profitability by evaluating the difference between discounted and listed price. They can then reduce the discounts to increase profits if this is the reason for reduced profitability.

If this is not responsible for falling profits, it may be that too many products are available in a sales discounting opportunity. Universal Containers can remedy this by reducing the number of products included in an offer.

Their falling profitability can also be controlled by putting a management approval process in place, ensuring that the effects of a sales discounting plan on profitability are always considered.

5 0
3 years ago
The Filling Department of Lilac Skin Care Company had 4,000 ounces in beginning work in process inventory (70% complete). During
Sloan [31]

Answer:

Direct Materials = 49,000 units

Conversion Costs = 45,280 units

Explanation:

<em>Hi, your question is incomplete. I have uploaded the full question as image below.</em>

Equivalent units are physical units of outputs expressed as percentage in terms of work done on them.

Equivalent units calculation :

Direct Materials = 42,800 x 100 + 6,200 x 100 % = 49,000 units

Conversion Costs = 42,800 x 100 + 6,200 x 40 % = 45,280 units

7 0
3 years ago
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