The products can be paired as substitute products is Internet radio and traditional radio
Because both the products provide the same benefit and result. Both provide audio output.
<h3>What is a Substitute?</h3>
The substitute products are the products that can be replaced for each other providing the same benefit and result.
Few examples of the substitute products are as follows
- Books and E-books
- Butter and margarine
- Eye glasses and contact lenses
- Flip flops and sandals
- Salmon and Tuna
#SPJ12
Learn more about products at brainly.com/question/27959956
Answer:
Debit Interest Expense $17,304.80; credit discount on bonds payable $1,104.8; credit cash $16,200
Interest Expense A/c......................Dr $17,304.80
Discount on bonds payable A/c....Cr $1104.8
To Cash A/c............................Cr $16,200
Explanation:
Given the following :
Bond value = $346,096
Market rate = 10% = 0.1
Contract rate = 9% = 0.09
Par value = $360,000
Note : Semiannual payment = rate / 2
Calculating the cash value and interest expense:
Cash value :
Par value × contract rate
$360,000 × (0.09/2)
$360,000 × 0.045
= $16,200
Interest expense :
Bond value × market rate
$346,096 × (0.1/2)
$346,096 × 0.05
= $17,304.8
I use to take music class
Answer: The coupon rate is 13%
Explanation:
We would first calculate the Coupon Payment and then later using the coupon payment we would compute the Coupon rate.
PV = 
+ A [![[\frac{1-\frac{1}{(1+r)^{N} } }{r} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%20%7D%20%7D%7Br%7D%20%5D)
]
Where,
FV = $1,000
PV = $1,291.31
r = 8%
N = 8 Years
A = Coupon Payment
1291.31 = 
+ A ![[\frac{1-\frac{1}{(1+0.08)^{8} } }{0.08} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.08%29%5E%7B8%7D%20%7D%20%7D%7B0.08%7D%20%5D)
Solve for A
A = 130.69
The coupon payment is $130
Coupon rate = (Coupon payment / Face value) x 100
= 
x 100
= 13 %
Based on the amount that consumers spent on the various types of goods, the consumption for that year would equal $95 billion.
<h3>What was the consumption last year?</h3>
The consumption spending is everything that consumers spent in a year so in this case that would be:
= Durable goods + Non-durable goods + Services
Solving gives:
= 14 + 35 + 46
= $95 billion
In conclusion, $95 billion was spent on consumption.
Find out more on the use of consumption spending at brainly.com/question/25947470.
