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3 years ago

6

Hal Fritz purchased a $4,000 bond at 90. The annual interest is 5%. What was the cost of the bond? What was the annual interest?

What is the yield (to nearest tenth of a percent)?

2 answers:

sergiy2304 [10]3 years ago

8 0

1) $3,600
2) $200
3) 5.6%

stepan [7]3 years ago

3 0

4,000×0.90=3,600
4,000×0.05=200
200÷3,600=0.056*100=5.6%

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a person was able to invest 1,000 per month for 30 years with interest rate of 5%. 1. find out how much the person will have in

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As the question is concerned, we are to calculate the Future value for the following data

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2 years ago

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It includes both direct and indirect cost

Since we have to compute for the building so we do not considered the purchase value of land and the loan amount

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2 years ago

A corporation has a $500,000 beginning balance in retained earnings. its net income for the year was $200,000. sales revenue amo

natta225 [31]

Given:
<span>$500,000 beg. balance in retained earnings.
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</span>$1,000,000 <span>sales revenue
</span>$100,000 <span>dividends declared and paid by year-end

Retained earning is the amount left from net income after dividends have been paid. In the given data, sales revenue is not included in the Retained earnings report. It is reflected in the Income statement which generates the Net income.

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lisabon 2012 [21]

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