Answer:
why?
Step-by-step explanation:
Answer:
456
Step-by-step explanation:
Answer:
5/6
Step-by-step explanation:
4/6 + 1/6 = 5/6
Answer:
$14,000
Step-by-step explanation:
Amount issued = $300,000 of 8% bonds
Which means that
8/100 ×$300,000
= $24,000 annual interest
Therefore, they would pay
Monthly interest = $24,00/12 = $2000
Interest would be calculated from the day bond is issued. Interest would be calculated for seven (7) months (June - December).
Therefore, $2000×7 = $14000 interest expense