It seems that you have missed the necessary options for us to answer this question, but anyway here is the answer. BACTERIA <span>exist in the ground, air, and bodies of most living things but do not need a host organism to live and multiply. Hope this answers your question.</span>
This website would not exist. Social lives would improve because everyone would actually hang out with people. We would not be able to get places fast because cars would not be developed.
Answer:
10.77%
Explanation:
FV: $1000
PV: $845.87
PMT: $60
Nper: 40 = (25 years - 5 years ago)* 2 for semi-annual payment
We use excel to calculate semi-annual discount rate by formula Rate(Nper,PMT,-PV,FV)
= rate(40,$60,-$845.87,$1000) = 7.18%
⇒ annual rate = semi-annual rate * 2 = 7.18% * 2 = 14.36%
after-tax cost of debt = 14.36% * (1 - 25%) = 10.77%
<em>Please see excel attached for the calculation</em>
