1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ne4ueva [31]
3 years ago
15

The U.S. National Treasury issued $3 million of 2.7% bonds, due in 10 years, with interest payable annually at year-end. Calcula

te the annual interest amount that the U.S. National Treasury will pay to the bondholders.
Business
1 answer:
lesya [120]3 years ago
3 0

Answer:

$81000

Explanation:

The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.

For example

A bond with $1000 value with 5% interest is simply 5% of $1000 = $50

Therefore,

$3,000,000 * 2.7% = $81000

(2.7 % = 0.027)

Hope that helps.

You might be interested in
A point outside the production possibilities curve represents a combination of goods that is
pochemuha

Answer:

A production combination outside of the PPF is unattainable by the economy with the given resources and technology.

This represents the Concept of scarcity in economics.

If the economy wishes to achieve the production point outside the frontier, they will have to enhance the production possibility capacity by introducing new technology or finding new resources.

Explanation:

4 0
3 years ago
Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover f
Artyom0805 [142]

Answer:

The correct option is E

Explanation:

The formula to compute the accounts receivable turnover of the company for the Year 2 is as:

Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable

where

Net Credit Sales be $723,000

And

Average Accounts Receivable is computed as:

Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2

= $86,500 + $82,750 / 2

= $169,250 / 2

= $84,625

Putting the values in the above formula:

= $723,000 / $84,625

= 8.54

5 0
3 years ago
Raul overheard one of his co-workers in a phone conversation say, Thank you for taking my call so quickly. I'd like to order num
Dominik [7]

Answer:

Purchase Decision

Explanation:

6 0
3 years ago
How does the law of diminishing marginal utility relate to law of demand?
HACTEHA [7]

Answer:

Explanation:

The law of diminishing marginal utility helps to explain the negative slope of the demand curve and the law of demand.If the satisfaction obtained from a good declines, then buyers are willing to pay a lower price, hence demand price is inversely related to quantity demanded, which is the law of demand.

3 0
3 years ago
The purpose of a financial intermediary is to help channel funds
Triss [41]

Answer:

a. from one banks to another

Explanation:

3 0
3 years ago
Other questions:
  • The food and drug administration (fda) is an example of an executive agency. if fred smith is an officer in the fda and he fails
    5·1 answer
  • Jessica spends all her income on two goods, A and B. The price of A is $5, and the price of B is $7. At the current consumption
    7·1 answer
  • "If a company has the optimal amount of debt, then the:
    10·1 answer
  • Which activity relates to judging the seriousness or gravity of a given problem?
    5·2 answers
  • What is authenticity in the often-used framework of quality criteria?
    15·1 answer
  • Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserv
    7·1 answer
  • Which of the following demonstrates the ability to accept constructive criticism woll
    12·1 answer
  • Perdue Company has purchased equipment that requires annual payments of $30,000 to be paid at the end of each of the next 6 year
    10·1 answer
  • A product's price will increase the most if:
    6·1 answer
  • If the U.S. dollar appreciates, an MNC's: a. exports denominated in foreign currencies will probably increase. b. U.S. sales wil
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!