1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
3 years ago
13

Bonds Payable has a balance of $1,196,000 and Discount on Bonds Payable has a balance of $11,960. If the issuing corporation red

eems the bonds at 97.5, what is the amount of gain or loss on redemption?
Mathematics
1 answer:
Luden [163]3 years ago
4 0

Answer:

$17,940 gain.

Step-by-step explanation:

The corportation redeems the bond at 97.5.

100 - 97.5 = 2.5%

1,196,000 * 2.5% = 29,900.

29,900 - 11,960 = 17,940

$17,940 gain at redemption.

You might be interested in
Find an equation for the line that passes through the points (-6, 3) and (6, -6).
MrRissso [65]
Slope=-9/12 = -3/4

y=mx+b y=-3/4x+b

3=-3/4(-6)+b

b=3+9/2=7.5

Equation is y=-0.75x+7.5
7 0
2 years ago
Read 2 more answers
A die is rolled. What is the probability that the number is a factor of 6 or more than 2? Does this scenario represent mutually
goblinko [34]

Factors of 6 are : 1,2,3 and 6.

Let us find probability of getting the number that is a factor of 6.

P(\text{ The number is a factor of 6})=\frac{4}{6} =\frac{2}{3}

Now let us find probability of getting a number more than 2 (3,4,5,6).

P(\text{ The number is a greater than 2})=\frac{4}{6} =\frac{2}{3}

We can see that these two events are mutually inclusive events. We can find probability of mutually inclusive events by formula P(\text{X or Y})=P(X)+P(Y)-P(\text{X and Y}).  

P(\text{ The number is a factor of 6 and greater than 2})=\frac{2}{6} =\frac{1}{3}

Now we will find probability of getting the number is a factor of 6 or more than 2 using above formula.

P(\text{ The number is a factor of 6 or greater than 2})=\frac{2}{3} +\frac{2}{3}-\frac{1}{3}    

P(\text{ The number is a factor of 6 or greater than 2})= \frac{4}{3}-\frac{1}{3}=\frac{3}{3}=1  

Therefore, our probability will be 1 and this scenario represents mutually inclusive events.  

6 0
3 years ago
At each stop, you get a snack. Stop 1 you spent a total of $12.50 and gave the cashier $15. How much change did you receive back
Nataliya [291]

Answer:

$2.50

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
PLEASE HELP ASAP!!!! GOING TO GIVE 30 POINTS
fomenos

Answer:

The second answer option

Step-by-step explanation:

Lmk if you need explanation

5 0
3 years ago
Ben is taking guitar classes three times a week for 8eeeks each class will last 1 3/4 hours how many hours will Ben have spent i
Cerrena [4.2K]

Answer:

14

Step-by-step explanation:

to find the answer to this you would have to ethier convert 1 3/4 to 1.75 or multiply top heavy fractions

converted way

1.75x8= 14   - stays the same

nonconverted way

7/4 x 8/1 = 56/4 = 14

etheir way you get the same answer

8 0
3 years ago
Other questions:
  • Which of the following shows the extraneous solution to the logarithmic equation below???
    10·2 answers
  • 12 pounds less than twice Earl’s weight is 252 pounds. Find Earl’s weight.
    5·2 answers
  • Janelle fired a projectile and measured its range. Shehypothesizes that if the magnitude of the initial velocity is doubled and
    9·1 answer
  • Which of the following is an example of secured debt?
    5·1 answer
  • what effect did the policy of deterrence have on the ama race between the united states and the soviet union?
    7·1 answer
  • Find the value of x so that the polygons have the same perimeter.
    12·1 answer
  • Gabriel is making a mixer of compost and soil to use for a special plant he wants his final mix to be 2 parts compost to 8 parts
    5·2 answers
  • 49 is 50% of what number?
    6·2 answers
  • Simplify the expression. (x-4 x² + 7) - (-5x² + 5x - 3)​
    5·2 answers
  • A tortilla measures 8 inches in diameter what is your tortillas area
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!