Answer:
(C) Higher.
Explanation:
The computation of the present value in both the cases are as follows:
In the first case
Given that
Assume the par value i.e. future value be $1,000
PMT = $1,000 × 9% = $90
RATE = 9%
NPER = 7
The formula is shown below
=-PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $863.09
In the second case
Given that
Assume the par value i.e. future value be $1,000
PMT = $1,000 × 9% = $90
RATE = 9%
NPER = 6
The formula is shown below
=-PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $876.66
So as we can see that the price of the bond would increased
Answer:
$171,360
Explanation:
Given that,
At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000
Revenues = $37,400
Expenses = $20,000
Purchased equipment = $4,920
Paid dividends = $2,040
Net income:
= Revenues - Expenses
= $37,400 - $20,000
= $17,400
Stockholders’ equity at September 30, 2018:
= Beginning balance + Net income - Dividend paid
= $156,000 + $17,400 - $2,040
= $171,360
Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.
Answer:
Which of the following most accurately describes the change in average weekly earnings since 1980 Average weekly earnings have risen for college-educated workers only Which of the following workers is likely to earn the highest wage
Answer:
<u>If there is an </u><u>all of the above option</u><u> click that but if not hit</u> D: Check registers
Hope this helps!
Answer:
<em><u>below</u></em>
Explanation:
<em><u>•$37,546.36. She now wants to repay the loan early. The loan specifies a $300 prepayment penalty if she pays the loan now. How much will she save by paying the loan early (round</u></em>
<em><u>•$37,546.36. She now wants to repay the loan early. The loan specifies a $300 prepayment penalty if she pays the loan now. How much will she save by paying the loan early (roundfinal answer to nearest dollar)?•</u></em>
<em><u>I </u></em><em><u>hope </u></em><em><u>it </u></em><em><u>helps </u></em><em><u>^</u></em><em><u>-</u></em><em><u>^</u></em>