Credit $1300 from you cash or bank account and Debit $1300 to Principal account.
D. Slide transition I believe.
Answer: Option B and E
Explanation: Use of diagrams and charts do not simplify the complex relationships as they do not help in calculation they are for presentation purposes only.
Diagrams and charts are different from pictures as they are used to show quantitative data in a picture manner through graphs etc.
The information for which the graph remains limited as per the research made. So, graphs cannot increase the level of information it can only show it in a more mannerly way.
Answer:
4.96%
Explanation:
In order to determine the component after-tax cost of debt first we need to compute the before tax cost of debt by applying the RATE formula which is to be shown in the attachment below:
Given that,
Present value = $1,155
Future value or Face value = $1,000
PMT = 1,000 × 8.25% ÷ 2 = $41.25
NPER = 40 years × 2 = 80 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula
1. The pretax cost of debt is 3.54% × 2 = 7.08%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 7.08% × ( 1 - 0.30)
= 4.96%