Answer:
you should accept the payments because they are worth $56,451.91 today
Explanation:
We have to determinate the present value of the proposed annuity of $641 per month over a ten year spawn
Then, the value of the annuity:
C 641.00
time 120 (12 months x 10 years)
rate 0.005416667
PV $56,451.9083
Answer:
The interest payable is calculated based on the principal, interest rate, number of years of the loan or of the deposit.
Explanation:
Financial institutions is a company or a firm that deals with financial and monetary activities such as; loans, deposits, investments and currency exchange. Most financial transactions especially loans and savings usually have an interest rate that is set by the financial institution. The amount of interest can be paid by the borrower in a case where an individual takes a loan from the financial institution. Interest can also be paid by the financial institution in a case where the individual or group opens a savings account with the financial institution. In both cases, the interest rate is set by the financial institution. The amount of interest payable can be determined using the formula below;
A=PRT
where;
A=amount of interest payable
P=principle amount. The principal amount can either be the loan amount or the savings deposit amount
R=interest rate
T=number of years
The interest payable is calculated based on the principal, interest rate, number of years of the loan or of the deposit.
Answer:
$ 11,799 is the principal balance of the note payable.
Explanation:
The Interest expense for the installment note on the year of the December 31, year can be determined by the following equation that are mention below



Now the Principal balance of the component in $15,179 payment of the December 31, year 1 can be determined by the


=$ 11,799
Answer:
Explanation: Both the marginal cost curve and the average variable cost curve are U-shaped. For many firms, this is true because their production exhibits increasing returns at low levels of output and decreasing returns at high levels of output. At the minimum of average cost, the marginal cost curve intersects the average cost curve. This is because when marginal cost is above average cost, average cost is decreasing and when marginal cost is below average cost, average cost is decreasing.
Answer:
a gain for 6,000 dollar will be recognized
the new bonds basis will be of 22,000
Explanation:
Total proceeds from the sale:
22,000 in bonds plus 3,000 cash for a total of 25,000
The basis of the bond gifted was 19,000
Therefore, there is a realzied gain on sale for the difference which is 6,000 dollars.
The new bonds are worth 22,000 therefore their basis will be of 2,,000 dollars