Answer:
4 months.
Explanation:
This is because the months for which interest have been accrued are March, April, May, and June of year 1. These are 4 months in total.
Therefore, Finch's debt service fund should include interest payable on the general obligation bonds for 4 months.
Answer:
You must deposit "$74,806.25" today.
Explanation:
The given values are:
Periodic payment,
P = $10,300
Rate of interest,
r =
=
Number of periods,
n =
=
Now,
The PV of annuity will be:
=
On substituting the given values, we get
=
=
= ($)
Answer:
The answer is: $39,000
Explanation:
The gross domestic products includes all the production of final and legal goods or services. These final products can be sold or held in inventory.
In this case, the GDP should include the $20,000 car sold to Emily and the $19,000 that correspond to the car held on finished inventory.
Answer:
B: a service that pays bills without the need of consumer verification
Explanation:
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