Answer:
The answer is 33.98.
Explanation:
Discount the accumulation of discount in the 19th coupon 18 periods to find the accumulation of discount in the first coupon. Then find the FV of an annuity with 8 as the number of periods with the accumulation of discount in the first coupon as the payment and and you will get 33.98.
Given di19 = C(i − g)
= C(i − g)
= 8, So
= C(i − g)(
+
+...+
)
=8
=33.98
Answer:
Convenience checks: consumers use these to reduce their available credit in exchange for cash.
Installment loan: consumers make recurring fixed payments.
Introductory interest free: consumers can enjoy a set period of zero interest credit.
Revolving credit: consumers borrow an amount that they don’t have to pay off by a specific date.
Explanation:
In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.
Credit generally decreases assets or increases liabilities and equity on the balance sheet of an organization.
Answer:
The primary sign of mumps is swollen salivary glands that cause the cheeks to puff out. Other signs and symptoms may include:
Pain in the swollen salivary glands on one or both sides of your face
Pain while chewing or swallowing
Fever
Headache
Muscle aches
Weakness and fatigue
Loss of appetite
Losses in asset values due to adverse changes in interest rates are borne initially by the equity holders
<h3>Who are the equity holders?</h3>
Equity holders are individual that owns a particular asset that has liabilities attached to them
Equity is expressed as difference between liabilities and assets of a business.
Hence we can conclude that losses in asset values due to adverse changes in interest rates are borne initially by the equity holders
Learn more on equity holders here: brainly.com/question/25847981
#SPJ12
Answer:
cost of goods sold = $2,310
Explanation:
beginning inventory 20 units at $30 each = $600
purchases during the month = 80 units at $31 each = $2,480
ending inventory = 25 units
using the weighted average cost method, each unit will be valued at ($600 + $2,480) / (20 + 80) = $3,080 / 100 units = $30.80
ending inventory = 25 units x $30.80 = $770
cost of goods sold = (100 - 25) x $30.80 = $2,310
