Answer:
The answer is $788.12
Explanation:
Price of the bond is what the issuer will pay for the bond
The payment is semiannual.
Number of years (N) - 20 periods (10 years x 2)
Yield-to-maturity(YTM) - 7%( 14% ÷ 2)
Present Value(price of bond) = ?
Future Value(FV) = $1,000
Payment Coupon(PMT) = $50[(10% x $1000) ÷ 2]
Using a Financial calculator, price of the bond on semiannual basis is
$788.12
Answer:
Providing leadership in critical times:
b. Hold meetings with employees, volunteers, and representatives of other local shelters and listen carefully as they brainstorm ideas.
c. Honestly acknowledge the challenges the organization faces while also communicating optimism about finding the resources to fulfill your mission.
Explanation:
A leader assumes responsibility for clear communication with all stakeholders and must be forthcoming with necessary information. She must also be transparent and innovative. A leader collaborates with her team to find better solutions to challenges facing the organization. A good leader is a good negotiator and must remain optimistic amid the challenges of life.
Answer:
C. Data – Information – Business Intelligence – Knowledge
Explanation:
This is the correct order to collect and analyze data to make decision
Answer:
DR Interest receivable 26,400
CR Interest revenue 26,400
Explanation:
As first lease has already been paid, the amount left of the lease is;
= 280,000 - 40,000
=$240,000
Interest is 11% so the interest to be received in December is;
= 11% * 240,000
= $26,400
This will be debited to Interest receivable as it is money owed and credited to Interest revenue as it is money earned.
Answer:
Balance after 30 years = $151,018.50
Explanation:
In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:
where:
FV = future value
PV = present value
r = interest rate
t = time in years.
Hence the future value is calculated as follows:
1. For the first 10 years at 7% interest:
7% interest = 7/100 = 0.07
2. For the last 20 years at 9.5%(0.095) interest:
Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years
Total Future value earned = $151,018.50
