Answer:
amount of interest expense = $2996.4
and interest exposed to be recorded on 30 June 2018
Explanation:
given data
face amount = $82,000
rate = 7 %
time = 8 year
issue price = $74,910
yield = 8%
to find out
amount of interest expense and first interest payment date
solution
we know interest paid is semiannually
so amount of interest expense will be here as
amount of interest expense = issue price × yield .................1
put here value
amount of interest expense = $74910 × 8% ×
amount of interest expense = $2996.4
so interest exposed to be recorded on 30 June 2018
The Odyssey was written by Homer. It is one of the two major Greek epic poems that Homer wrote. This poem is about the Greek hero, Odysseus and his journey home after the city of Troy fell at the end of the ten-year Trojan War. When Odysseus leaves to fight in the Trojan War, he leaves Odysseus's son's teacher and overseer, <span>Mentor in charge of his whole household. Therefore Mentor looks after Odysseus's son during Odysseus's absence.</span>
The answer is A. direct loans, and C. work-study programs.