Given:
Par value of the bond : 5,000
coupon rate of the bond: 5%
par value x coupon rate = annual interest
5,000 x 5% = 250 annual interest
Samuel will receive an annual interest of $250 until the bond reaches maturity, or he sells the bond to someone else.
Regardless of the changes in bond prices in the market, Samuel will always receive a fixed annual interest of 250 from his bond.
It really depends on how old they are depending on how old they are I would add them to the 504 plan. Which would be for older people for retirement.
Answer:
$52,435.00
Explanation:
After 3 years the future value of 100,000 at 6 percent will be
FV = PV × (1+r)n
=FV = 100,000 x (1 +0.06)3
FV = 100,000 x 1.191016
FV = 119, 101.60
The interest will be 119, 101.60 - 100,000
=19,101.60
The depreciation over 9 year period, per year will be
=1/9 x 100,000
=11, 111.11 per year
3 year depreciation = 33,333.33( 11,111.11 x 3)
The investment must generate at least
19,101.60 + 33,333.33
=$52,434.93
=$52,435.00
Answer:
Encumbrances $1000
Reserved for encumbraces $1000
Explanation:
Encumbrance is in the debit because is the money that we have destined for the purchase and since we have to get the money from our funds Reserved for encumbrances is in the credit.
All transactional documentation for listings, purchase and sale agreements, property management activities, exchanges, and trust account records must be retained for a period of three years.
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