Answer:
decreases
Explanation:
When bonds are sold at a premium, it is sold at a price higher than the par value. For example, if the par value is $100, the bond would be selling at a premium if it is sold at $101. At expiration of the bond's tenor, the price of the bond must equal its par value, so at each each interest payment day, the interest expense decreases
The marginal benefit from the activity is equal to the marginal cost
it's mostly custumer service most of the time of take care of that mostly ok
<span>Using your computer for non-work activities while you are being paid to work is known as </span>cyberloafing
Answer:
Total amount at the end of 4 years = $135.16
Explanation:
A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.
The formula to calculate interest under simple interest method is,
Interest = Principal * Annual Rate * Time in years
Total Interest earned = 109 * 6% * 4
Total interest earned = 26.16
Total amount at the end of 4 years = Principal + Interest
Total amount at the end of 4 years = 109 + 26.16
Total amount at the end of 4 years = $135.16
