According to the Internal Revenue Service, A. profitable partnerships pay taxes before distributing profits. B. partners report
1 answer:
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Answer:
$84.86
Explanation:
I'm guessing they want you to find the standard deviation.
It would be easy to do this in a statistical calculator, but I suspect they want you to do it by hand.
Here are the steps for a manual calculation.
1. Count the elements in the data set
N = 8
2 Calculate the sum of the data set
3. Calculate the mean
4. Calculate the standard deviation
(a) Subtract the mean from each data point
(b) Square the differences
(c) Add the squares of the differences
(d) Divide the sum by the number of terms
(e)Take the square root of the result
We can set up a table to organize the calculations.
Answer:
$2.08
Explanation:
First calculate the price of the bond
Price of the bond = [ ( 1000 x 8% x 6/12 ) x ( ( 1 - ( 1 + (7.5%x6/12) )^-(5x2) )/(7.5%x6/12) ] + { 1000 / (7.5%x6/12) ]
Price of the bond = $1,020.53
Now calculate the premium
Premium on the bond = Price of the bond - Face value of the bond = $1,020.53 - $1,000 = $20.53
Now prepare the amortization schedule to calculate the premium amortization in 6th payment.
The amortization schedule is attached with this answer please find that.
Hence, In the sixth payment the premium amortization is $2.08
