Answer:
$1,068.02
Explanation:
For computing the selling price of the bond we need to use the Future value formula or function i.e to be shown in the attachment below:
Given that,
Present value = $1,000
Rate of interest = 10% ÷ 2 = 5%
NPER = 3 years × 2 = 6 years
PMT = $1,000 × 8% ÷ 2 = $40
The formula is shown below:
= FV(Rate;NPER;PMT;-PV;type)
The present value comes in negative
So, after applying the above formula, the selling price of the bond is $1,068.02
Answer:
well a needs is like food and water and a want is like a ps4 or a xbox 1 and stuff that wont help you survive but you want it
Answer: Option (C) is correct.
Explanation:
Given that,
Issued stock = $54,000
Borrowed from bank = $32,000
Provided consulting services = $52,000
Paid back bank loan = $22,000
Paid rent expense = $12,500
Purchased equipment = $19,000
Paid dividend = $3700
Salaries paid = $28,000
Ending notes payable balance = Borrowings from bank - Repayments
= $32,000 - $22,000
= $10,000
Andrea won the Miss Illinois beauty pageant the year she graduated from college. Knowing this, the amount of money she will earn over the course of her adult lifetime is most likely to be MORE THAN that of her peers.
Since she has already won a beauty pageant, it is absolutely clear that she will ear more money than her peers. She will be a unique student among her peers. She might be offered modelling or ad films because of her victory.