A is correct. For unsubsidized loans, the interest accumulates while you are in school, and 6 months after you graduate (or drop out) you will start paying on your loans.
Answer:(a) $8,900
(b) -($4,200)
(c) -($13,100)
(d) -($13,100)
Explanation:
Given that,
Amount invested by shareholders = $230,000
Debt securities purchased for cash = $101,000
Received cash interest on securities = $8,900
unrealized holding loss on these securities = $13,100
(a) Net Income = $8,900(Cash interest received)
(b) Comprehensive Income = Net Income - unrealized holding loss
= $8,900 - $13,100
= -($4,200)
(c) Other Comprehensive Income = unrealized holding loss
= -($13,100)
(d) Accumulated other comprehensive income:
Ending Balance of other comprehensive income = Beginning Balance + During this year
= $0 + (-$13,100)
= -($13,100)
The total interest earned at the end of 4 years is $2,507. 90.
The formula for determining simple interest is: Principal x interest rate x time
$4000 x 3.2% x 4 = $512.
The formula for determining interest with compounding is: future value - amount invested.
The formula for calculating future value:
FV = P (1 + r/m)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
Future value of the savings account = $4000 x (1.021)^4 = $4346.73
Interest = $4346.73 - $4000 = $346.73
Future value of the certificate of deposit = $7500 x (1.0125)^16 = $9149.17
Interest = $9149.17 - $7500 = $1649.17
Total interest = $1649.17 + $346.73 + $512. = $2,507. 90.
To learn more about future value, please check: brainly.com/question/18760477
Answer:
D. Diversity management
Explanation:
Diversity management refers to a company's will to promote inclusion of various employees of different background into the company's structure. When done effectively, it aids creative thinking process and innovations.
ALT inc. Would want a law firm that supports diversity as much as they do because for the law firm to he included in their structure, it needs to have thesame beliefs about the company's structure in order to have a good working partnership.
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