Answer:
e) $93,097
Explanation:
Interest for 1st year = $100,000*8%
Interest for 1st year =$8,000
Principal repayment for 1st year = $14,903 - $8,000
Principal repayment for 1st year = $6,903
Principal balance on January 1,Year 2 = $100,000 - $6,903
Principal balance on January 1,Year 2 = $93,097
Answer:
c) $22,000
Explanation:
Find the attachment below
Answer:
$177,060.16
Explanation:
The issuance price of the bonds is also known as the current price of bonds and in the bond calculation we refer this as the Present Value or PV.
Using a financial calculator, PV of the Bond is determined as :
FV = $200,000
N = 10 x 2 = 20
P/YR = 2
PMT = ($200,000 x 10%) ÷ 2 = $10,000
I/YR = 12 %
PV = ??
Thus,
The PV is determined as $177,060.16
therefore,
The issuance price of the bonds is $177,060.16
Answer:
Jacob purchased 10000 shares form Grebe corporation two years ago for $24000
last year Jacob received a non taxable stock dividend of 2000 shares from Grebe corporation
In the current year tax year Jacob sold all stock received as dividend that's 2000 shares for $18000
The gain of the sale of 2000 shares can be calculated by subtracting the basis in the shares from the cost price. the cost of shares = ( $24000 / 12000 ) = $2 per share
profit made from the sales of 2000 shares is calculated as follows ; selling price ( $18000 ) - cost price of 2000 shares ( $2 * 2000) , the profit is $14000 and it is in the long term because the original shares bought has been held for at least 1 year
Explanation:
Jacob purchased 10000 shares form Grebe corporation two years ago for $24000
last year Jacob received a non taxable stock dividend of 2000 shares from Grebe corporation
In the current year tax year Jacob sold all stock received as dividend that's 2000 shares for $18000
The gain of the sale of 2000 shares can be calculated by subtracting the basis in the shares from the cost price. the cost of shares = ( $24000 / 12000 ) = $2 per share
profit made from the sales of 2000 shares is calculated as follows ; selling price ( $18000 ) - cost price of 2000 shares ( $2 * 2000) , the profit is $14000 and it is in the long term because the original shares bought has been held for at least 1 year
Answer:
D) Whether most of the farmers who tried the genetically modified corn last season applied more insecticide than was actually necessary
Explanation:
In order to evaluate this argument, we must first determine the cost equation for corn farmers:
profit = revenue from corn - total costs of producing corn
the total costs of producing corn include coth the price of seeds and pesticide.
Since the price of the seeds is much higher, it can only be offset if the amount of pesticide used was lower. But did the farmers that participated in the research study used the correct amount of pesticide during the last years would be crucial to determining the real impact of the new genetically modified seeds. If the farmers used too much pesticide in the previous years just in case, would mean that the actual use of pesticide should have been less and the costs increase when using the new seeds.
