Answer:
$6,750,000
Explanation:
Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:
Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]
= $4,500,000 + [$450,000 × 5 years]
= $4,500,000 + 2,250,000
Amount to pay = $6,750,000
Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.
Answer:
Account. Manage your money.
Card. Spend anywhere.
Budgeting. Save money and time.
Add Funds. Cash into your account.
Payments. Bank transfers.
Security. Safe money.
Explanation:
