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mixer [17]
2 years ago
13

On July 1, a company sells 8-year $250,000 bonds with a stated interest rate of 6%. If interest payments are paid annually, each

interest payment will be ________.
Business
1 answer:
SIZIF [17.4K]2 years ago
6 0

Answer:

The correct answer is "$15,000".

Explanation:

Given:

Value,

= $250,000

Interest rate,

= 6%

The Interest Payment will be:

Value\times Interest \ rate

= 250,000\times 6%

= 15,000 ($)

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Direct Labor Variances The following data relate to labor cost for production of 20,000 cellular telephones: Actual: 8,450 hrs.
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a)  

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