Answer:
Explanation:
13 years would be a time in the future hence you use future value formula.
Future value formula is FV = PV*(1+r)^n
r = interest rate; in this case it is the semiannual rate = 0.049/2 = 0.0245 as a decimal.
pv = principal amount invested = 7,500.00
Duration of investment; in this case, number of semi-annual periods = 13*2 = 26
The expression would be ; 7500(1.0245)^26
Students should understand that every saving and investment product has different risks and returns. Differences include how readily investors can get their money when they need it, how fast their money will grow, and how safe their money will be.
Answer:
Sorry I think brainest could do it again sorry
Answer:
b.$296,500.
Explanation:
Calculation to determine what Greene should report as unamortized bond discount
First step is to calculate the discount amount
Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)
Discount Amount= $18,500
Now let determine the unamortized bond discount
Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500
Therefore Greene should report unamortized bond discount of $296,500
Income is one factor used in determining whether or not a job is middle class, and the other is the nature of the work.
In the United States, 50% of people live in the middle class, according to the most recent Pew Research Center survey from 2021. This is a reflection of the middle class's longer-term downward trend over the previous five decades.
According to a recent Pew research, the majority of Americans were not middle class for the first time since at least the 1960s.
Just 50% of adult Americans in America lived in middle-class households in 2021, compared to 54% in 2001, 59% in 1981, and 61% in 1971.
Both the middle class's demographic share and its part of the income pie have been declining.
To learn more about Pew Research Center here
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