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3 years ago

What is a credit union?

Business

2 answers:

Kamila [148]3 years ago

5 0

The answer you are looking for is D.) A cooperative lending institution for a particular group!

KIM [24]3 years ago

4 0

D.) A cooperative lending institution for a particular group.

Typically, you must be a member to participate in a credit union.

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The list of steps required to get the same regult each time a task or activity is performed is known as the:

enyata [817]

Answer:

The answer is C. procedure

Explanation:

I found it here: https://quizlet.com/155356515/chapter-3-automotive-vocab-flash-cards/

4 0

2 years ago

A 10% increase in cigarette prices has been found to result in a _____ decrease of smokers.

Reil [10]

<span>The correct answer is B - a 10% increase in cigarette prices has been found to result in a 4% decrease in smokers. This is just the figure for the overall nation though, for young people the figure is higher, and for children higher still.</span>

4 0

3 years ago

Read 2 more answers

A bond that pays interest semiannually has a price of $975.11 and a semiannual coupon payment of $28.25. If the par value is $1,

Roman55 [17]

Answer:

5.79%

Explanation:

For the computation of current yield first we need to find the annual coupon is shown below:-

Annual Coupon = Coupon payment × Semi annual

= $28.25 × 2

= $56.5

Current Yield = Annual Coupon ÷ Market Price

= $56.5 ÷ $975.11

= 0.0579

= 5.79%

Therefore for computing the current yield we simply applied the above formula so that the correct rate could come

4 0

3 years ago

On January 1 st 2012, Everhart Corporation, a calendar year company issues $100,000, 5%, 5-year bonds dated January 1, 2012. The

Alborosie

Answer:

Interest expense 2894.7 debit

discount on Bonds Payable 394.7 credit

cash 2500 credit

Interest expense 2906.55 debit

discount on Bonds Payable 406.55 credit

interest payable 2500 credit

Explanation:

We have to solve for the 2013 year which is one year after the issuance ofthe bonds.

We solve for the bond issuance price and then, we construct the bonds schedule and take the numbers from period 3 and 4.

Issuance proceeds: present value fo the coupon payment and maturity at market rate:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2,500.000

time 10

rate 0.03

$2500 \times \frac{1-(1+0.03)^{-10} }{0.03} = PV\\$

PV $21,325.5071

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 100,000.00

time 10.00

rate 0.03

$\frac{100000}{(1 + 0.03)^{10} } = PV$

PV 74,409.39

PV c $21,325.5071

PV m $74,409.3915

Total $95,734.8986

Now we will calcautlethe interest expense by multiplying carrying value by the market value and sutract from the cash outlay to determinate the amortization on the bonds.

7 0

2 years ago

Natalia worked in an automobile plant. she lost her job when the plant relocated to another state.

Agata [3.3K]

Answer:

$400.65

Explanation:

Natalia's last 26 weekly salaries:

Week Salary

1 715

2 700

3 730

4 730

5 730

6 720

7 700

8 720

9 720

10 720

11 725

12 720

13 725

14 730

15 730

16 735

17 735

18 735

19 740

20 740

21 740

22 740

23 740

24 740

25 740

26 740

The total compensation for the last 26 weeks = $18,940

her average weekly salary = $18,940 / 26 = $728.46

her unemployment compensation = average weekly salary x 55% = $728.46 x 55% = $400.65

6 0

3 years ago