Answer:
Value of the bond = $862.013
Explanation:
The value of the bond is the present value of the future cash receipts expected from the bond. The value is equal to present values of interest payment and the redemption value (RV).
Value of Bond = PV of interest + PV of RV
The value of the bond can be worked out as follows:
Step 1
<em>Calculate the PV of Interest payment
</em>
Present value of the interest payment
PV = Interest payment × (1- (1+r)^(-n))/r
Interest payment = $40
PV = 40 × (1 - (1.05)^(-12×2)/0.05)
= 40 × 13.7986
= 551.945
Step 2
<em>PV of redemption Value
</em>
PV of RV = RV × (1+r)^(-n)
= 1000 × (1.05)^(-12×2)
= 310.067
Step 3
<em>Calculate Value of the bond  </em>
= 551.94567 + 310.067
=862.01
Value of the bond = $862.013
  
 
        
             
        
        
        
Answer:
c
Explanation:
because he got out 200 from his bank
 
        
             
        
        
        
5 Things to Consider When ChoosingYour Health Coverage
Type of plan and provider network. Do the health care providers, hospitals and pharmacies you prefer fall within the plan's network?
Premiums. How much will you pay per month for coverage?
Deductibles. What is the amount you must pay out of pocket before your coverage kicks in?
Copay or coinsurance
Coverage of Medicines
I hope it helped you!
        
             
        
        
        
The amount of the bad debts expense adjusting entry is:$7665.
<h3>Bad debt expenses</h3>
Using this formula
Bad debt expenses=Sales×Estimated sales percentage
Where:
Sales=$1,095,000
Estimated sales percentage=0.7%
Let plug in the formula
Bad debt expenses=$1,095,000×0.7% 
Bad debt expenses= $7,665
Therefore the amount of the bad debts expense adjusting entry is:$7665.
Learn more about bad debt expenses here:brainly.com/question/18568784
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