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Inga [223]
3 years ago
14

On January 1, 2020, Scottsdale Company issued its 12% bonds in the face amount of $3,000,000, which mature on January 1, 2030. T

he bonds were issued for $3,368,665 to yield 10%. Scottsdale uses the effective-interest method of amortizing bond premium. Interest is payable annually on December 31. Interest Expense for 2023 is:
Business
1 answer:
BARSIC [14]3 years ago
5 0

Answer:

It is $329,209.31  

Explanation:

Please attached sheet for computation.

Download xlsx
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you have the choice of two equally risk​ annuities, each paying​ $5,000 per year for 8 years. one is an annuity due and the othe
Juli2301 [7.4K]

You have the option of two equally risk​ annuity, each paying​ $5,000 per year for 8 years. The is an annuity due and the other is an ordinary annuity. If you are going to be receiving the annuity​ payments, the annuity due would you choose to maximize your​ wealth.

What is an Ordinary Annuity?

An ordinary annuity is a series of equal payment made at the end of consecutive periods over a fixed length of time. An standard annuity's payments can be paid as frequently as weekly, although in reality they are typically made monthly, quarterly, mid-annually, or yearly. An annuity due is the reverse of a Ordinary annuity in that payment are issued at the start of each period. Although they are connected, these two payments schedules differ from the financial instrument known as an annuity.

Learn more about Ordinary Annuity here:

brainly.com/question/14963095

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4 0
1 year ago
"why waste your money looking up your family tree? just go into politics, and your opponents will do it for you."
ipn [44]
That is one way to approach the bull.
6 0
3 years ago
Which of the following is not possible?a. Demand is elastic, and a decrease in price causes an increase in revenue.b. Demand is
bekas [8.4K]

Answer:

b. Demand is unit elastic, and a decrease in price causes an increase in revenue

Explanation:

According tothe revenue theory in economics

when the demand is inelastic the relationship within price and total revenue is direct. either both increases or decreases

when the demand is elastin this relationship is inverve, teh increase in price generates a decrease in total revenue

while their decrease an increase.

But, if the demand is unit elastic then, there is no variation at all

According to this theory, option B is impossible.

8 0
3 years ago
Read 2 more answers
A change in price will lead to a change in __________ and to a change in __________, while a change in government subsidies will
Sauron [17]

Answer:

quantity demanded; quantity supplied; supply; demand

Explanation:

When there is a change in price of goods, this change will lead to quantity demanded and it will also lead to a change in the quantity supplied. According to the law of demand, an increase in price will lead to a decrease in quantity demanded and vice-versa.

When there is a change in government susidies, this change will lead to a change in supply, and a change in the number of buyers will lead to a change in demand.

Therefore, the correct statement is:

A change in price will lead to a change in quantity demanded and to a change in <em>quantity supplied,</em> while a change in government subsidies will lead to a change in supply and a change in the number of buyers will lead to a change in demand.

7 0
3 years ago
Georgette has always thought she and Ted had the perfect marriage. Every time they disagree, she pushes for her side, and he wan
viva [34]

Answer:

The correct answer is (C)

Explanation:

Georgette and Ted both have different leadership styles, Georgette uses competitive style which is aggressive and assertive in communication. Likewise, ted has a different leadership style which is accommodative. Ted is cooperative and friendly which is why whenever they fight he try to calm things down, so he wants her to be happy.

7 0
3 years ago
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