Answer:
b. 864
Explanation:
Jane; Pv = P.a 10? + Q[(a.10? - 10v^10)/i}]
Pv = 100(7.7217) + 100[(7.7217 - 6.1391)/0.05]
Pv = 3937.38
Mary; Pv = P.a 10? + Q[(a.10? - 10v^10)/i}]
Pv = x(7.7217) - (x/10)[(7.7217 - 6.1391)/0.05]
Pv = 7.7217x - (x/10)(31.6521) = 4.5565x
Equating Pv for both Jane and Mary
3937.38 = 4.5565x
x = 3937.38/4.5565 = 864.124
x = 864.124 = 864
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Answer:
B) $3271.
Explanation:
Since Sheridan Company uses the effective interest method to account for Scott Company bonds, and it purchased them on discount, it must increase its debt investments by:
(market price x effective interest) - (face value x coupon rate) =
($1,650,375 x .055) - ($1,750,000 x .05) = $3,270.63 ≈ $3,271
since the bonds pay a semiannual coupon, the yearly interest rates must be divided by 2.
Answer:
Teaching can be defined as engagement with learners to enable their understanding and application of knowledge, concepts and processes. It includes design, content selection, delivery, assessment and reflection
Explanation:
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