Answer:
Final Value= $483,603.80
Explanation:
Giving the following information:
You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest
We need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 4,700
n= 25
i= 0.103
FV= {4,700*[(1.103^25)-1]} / 0.103= $483,603.80
Answer:
a. full faith and credit of Toga County Corporation
Explanation:
Since these bonds are debentures ( i.e bonds issued by public companies to raise money from the market), they are backed solely by the full faith and credit of the Toga County Corporation. So there is no property backing these bonds.
One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.
<h3>What is free market?</h3>
A free market is a market structure where there is no interference from government but forces of demand and supply controls it.
With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.
Learn more about free market here : brainly.com/question/13519121
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This is true. I hope this helps and have a great day (Also brainliest would be appreciated but you don’t have to) :)
Answer:
$359,000
Explanation:
Total Bond issue costs can be calculated by adding all the cost related to the issue of bond.
Bond Certificate printing cost = $24,000
Legal fees paid = $90,000
CPA registration = $15,000
Underwriting Commission = $230,000
Total Bond issue costs = $359,000
After adding all the cost we reached at 359,000 and its closest to Option A 360,000
