Amount of interest expense on 30th June 20X1= Carrying Amount of Bond*Effective Interest Rate (For 6 Months)
=$940000*5/100
=$47000
Contractual Interest of the bond=Face Value*Contractual Interest
=1000000*4/100
=$40000
Thus, Carrying Amount of Bond=Carrying Amount|+Interest Expense-Interest Paid
Carrying Amount as on 30th June=940000+47000-40000
Carrying amount as on 30th June=$947000
Amount Paid to Redeem Bonds =$1020000
Gain/(Loss) on Redemtion of Bonds=Face Value-Amount Paid to Redeem Bonds
Loss on Bonds=-$73000
Answer:
The correct answer is
d. lower interest rates and greater investment.
good luck
The excretory system is related to the increase or decrease in the consumption of water by an animal. The increase or decrease is due to the variation in the antidiuretic hormones in the humans. The retention and excretion of excess water and ions are performed by the kidneys, which is a part of the excretory system.
Answer:
b) Brittany will pay more because she must pay the entire bill since she has not met her deductible while Brandon will have part of his bill paid by his policy.
Explanation:
since Brandon only $150 as the maximum amount his plan provides for a visit to any specialist, Brittany will have to pay more since Once she has met the deductible, the policy will cover the full cost of her visits.
It would take 95 days for Kaleb to get his desired APR.
Since Kaleb wants to get a payday loan in the amount of $ 375, and he is hoping to find one that has an APR of 40%, if Kaleb finds a business that charges a fee of $ 37 for the loan, to determine what the term of the loan need to be in order for Kaleb to get his desired APR, the following calculation must be performed:
- APR = 37/375 x 365
- APR = 0.098 x 365
- APR = 36
- 100 = 365
- 36 = X
- 36 x 365/100 = X
- 13140/100 = X
- 131.4 = X
- 131.4 - 37 = 94.4
Therefore, it would take 95 days for Kaleb to get his desired APR.
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