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zubka84 [21]
3 years ago
14

Ayayai Corp. lends Martinez industries $48000 on August 1, 2022, accepting a 9-month, 6% interest note. If Ayayai Corp. accrued

interest at its December 31, 2022 year-end, what entry must it make to record the collection of the note and interest at its maturity date
Business
1 answer:
amm18123 years ago
3 0
This is currently the right answer . Lolll
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Lori had a great day at work and has a positive attitude. When she arrives home, she maintains this positive attitude and is in
kondaur [170]

Answer:

b. work-family enrichment

Explanation:

Based on the scenario being described within the question it can be said that in this situation Lori is experiencing the concept of work-family enrichment. This term refers to when an individual's experience in what role of their lives improves the quality of life in another role. Such as in this scenario Lori's great experience at work improved her attitude in her family environment and role as a mother.

8 0
3 years ago
Your uncle is about to retire, and he wants to buy an annuity that will provide him with $75,000 of income a year for 20 years,
kolezko [41]

Answer:

It cost $915,166.69

Explanation:

R=75,000

i=j/m, j=0.0525, m=1 - annually

i=0.0525

n=mt

n=20

An=R[1-(1+i)^-n] : i

An=(75,000x[1-(1+0.0525)^-20]) : 0.0525

An=$ 915,166.69

8 0
3 years ago
What is the risk you are taking when investing in bonds? How can you minimize this risk?
viva [34]

Answer:

Risk: The bonds you own will decline if interest rates rise, interest rate risk.

Minimalize:

- Don't buy bonds when interest rates are low or rising. Buy when stable.

- Stick to short term issues (3 - 5 years)

- Buy bond with different maturity dates

Explanation:

Good luck <3

3 0
3 years ago
A friend asks you what sort of interest-simple or compound- is better. What would your answer be, and why?
Bas_tet [7]

Answer:

Compound interest is better than simple interest

Explanation:

Compound interest is better than simple interest especially when it comes to investing. Funds grow at a faster rate in compound interest than simple interest.

Simple interest is the interest on only the principal while compound interest is the interest on principal and on the previous accumulated interest (that is, interest on interest).

The formula for simple interest is:

P x r x t

Where P is the principal

r is the interest rate

t in the time.

For compound interest:

A=P(1+r/n)^nt.

A is the amount after compounding.

P is the principal.

r is the interest rate

n is the number of times interest compounds(adds up) per year

t is the number of years.

3 0
3 years ago
Suzanne, an HR specialist, is assessing training and development needs at
DaniilM [7]
In my opinion, we all have our own values and true colors so we can't judge and predict by only looking cover so we need time to make sure what kind of other stuffs need to fill up after her or his probation period. After that we should decide which is the best way and shouldn't terminate by just only watching cover of a new one during his or her probation period.
5 0
3 years ago
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