1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AnnyKZ [126]
3 years ago
5

On April 1, 2018, Elucian Corporation invested in the bonds issued by the City of Westminster on January 1, 2018. These 10-year

$300,000 bonds pay interest of 3% with semiannual payments every June 30 and December 31. Elucian paid par value plus accrued interest. What is the total amount paid by Ellucian for the City of Westminster bonds?
A. $297,750
B. $300,000
C. 5304,500
D $302.250
Business
1 answer:
timofeeve [1]3 years ago
3 0

Answer:

D $302, 250

Explanation:

The computation of the total amount paid is shown below;

Total amount paid = Face value + accrued interest

= $300,000 + $300,000 × 3% × 3 months ÷ 12 months

= $302,250

hence, the total amount paid is $302,250

Therefore the correct option is d.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
Larry is looking for ways to increase the number of different tasks that an employee performs without increasing task complexity
enot [183]

Answer:

Job rotation

Explanation:

Job rotation means moving employees from one job to another so that they are trained to do multiple roles. This way, the tasks of each job stay the same and employees learn these basic tasks for each job they try. An example is a grocery store where the greeter is cross-trained to be a cashier, to collect carts from the parking lot, and to unload boxes onto the shelves.

6 0
3 years ago
Read 2 more answers
How can business activity affect the government?
algol13
Businesses often engage in a variety of tactics to influence government policy. This includes lobbying, political contributions, and interest group politics.
8 0
2 years ago
Which of the following elements is exclusive to the services marketing mix, and not the traditional marketing mix?a) processb) p
Romashka-Z-Leto [24]

Answer:

a) process

Explanation:

The P's are Product, Pricing, Place, Promotion, People, Process and Physical Evidence and for Traditional Marketing is Product, Pricing, Place and Promotion

7 0
3 years ago
The original capital that you deposit or invest is called the
bonufazy [111]

I think that it's either C or D but i'm going to go with D but if that's not the correct awnser is C

5 0
2 years ago
Read 2 more answers
The residuals are observations of the error variable . Consequently, the minimized sum of squared deviations is called the sum o
kenny6666 [7]

The statement in the question is True.

<u>Explanation:</u>

In statistics, the residual sum of squares (RSS), otherwise called the sum of squared residuals (SSR) or the total of squared estimate of errors (SSE), is the aggregate of the squares of residuals (deviations anticipated from real observational estimations of information). It is a proportion of the error between the information and an estimation model.

A little RSS demonstrates a tight attack of the model to the information. It is utilized as an optimality standard in parameter determination and model choice.

6 0
3 years ago
Other questions:
  • (lavilla) lavilla is a village in the italian alps. given its enormous popularity among swiss, german, austrian, and italian ski
    5·1 answer
  • Use the following information to prepare the September cash budget for PTO Co. The following information relates to expected cas
    15·1 answer
  • ____ is used to run the best use of the firm's resources, or, perhaps, to determine which products are to be eliminated
    13·1 answer
  • What is the most common form of business organization
    10·1 answer
  • As prepaid expenses expire with the passage of time, the correct adjusting entry will be a:
    12·1 answer
  • Sheldon and Morton formed a partnership with capital contributions of $80,000 and $40,000, respectively. Their partnership agree
    15·1 answer
  • In 1993, Novak Company completed the construction of a building at a cost of $2,500,000 and first occupied it in January 1994. I
    14·1 answer
  • High-performance teams are characterized by: members with only individual accountability. members with specialty skills rather t
    6·1 answer
  • Which of the following are properties of a savings account? Select all that apply.
    11·2 answers
  • Bramble Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $220
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!