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Alecsey [184]
3 years ago
15

2 x (3a-b) - 3y(b-3a)​

Business
1 answer:
pantera1 [17]3 years ago
6 0

Answer:

6ax+9ay−2bx−3by

Explanation:

2x(3a−b)−3y(b−3a)

Distribute:

=(2x)(3a)+(2x)(−b)+9ay+−3by

=6ax+−2bx+9ay+−3by

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A bond with a face value of $6,000 and an annual coupon rate of 12% convertible semiannually will mature in ten years for its fa
Alinara [238K]

Answer:

Premium is $2,677.95

The premium amortization on the 7th payment is $119

Explanation:

In order to arrive at the premium on the bond,it is necessary to compute the issuing price of the bond,which can be done using the pv formula in excel as shown below:

=-pv(rate,nper,pmt,fv)

rate is the semi-annual yield to maturity on the bond which is 6%/2=3%

nper is the number of coupon interest payable by the bond,which is 10 years multiplied by 2=20

pmt is the semi-annual coupon payable by the  bond i.e 12%/2*$6000=$360

fv is the face value of the bond which is $6,000

=-pv(3%,20,360,6000)

pv=$8,677.95  

premium=issue price -face value

premium=$$8,677.95-$6,000

premium=$2,677.95

The premium amortization is the excess of coupon payment  over the interest expense.

In the attached, I calculated the premium amortization on the 7th payment.

I started by taking the issue price of $8677.95 ,added interest expense at 3% semi-annually ,deducted the coupon payment of $360,thereby leaving the outstanding balance at end of the year.

Note that the premium amortization is the excess of coupon payment over interest expense as colored coded.

Download xlsx
5 0
3 years ago
Sales to customers who use bank credit cards such as mastercard and visa are usually recorded by:a. Debit to Cash and a credit t
algol13

Answer:

c. Debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales

Explanation:

The journal entry is shown below:

Bank credit card sales A/c Dr XXXXX

Credit card expense A/c Dr XXXXX

       To Sales A/c XXXXX

(Being the sales is recorded via bank credit cards)

As the credit card has some expense so we debited the credit card expense along with the bank credit card sales and credited the sales as it is revenue which is to be credited

4 0
3 years ago
Suppose the current level of output is 5000. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, re
Tamiku [17]

Answer:

5575

Explanation:

The computation is shown below;

<u>Factor      Elasticity          Increase        Effective Increase </u>

                      A                        B      A × B

Capital      0.3                                 10%      3.00%

Labor        0.7                                  5%       3.50%

Increase due to Productivity                      5.00%

Total Increase in Output                             11.50%

(3% + 3.5% + 5%)  

Original Output                                              5000

Increase in Output (5000 × 11.5%)                 575

Increase Output (5000 + 575)                      5575

3 0
3 years ago
What are two recent CSR/CSI initiatives of Woolworths​
Anvisha [2.4K]

Answer: Donating food to needy communities, and clothes

Explanation: The fabric of society

7 0
2 years ago
Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institu
Sergio [31]

Answer:

1. Commercial banks

2. Life insurance companies

3.  Mutual funds

Explanation:

commercial banks

The commercial bank is a financial institution that accepts deposits and offer other services such as giving loans and other basic financial services to both individuals and organisations.  

Life insurance companies

The life insurance companies are financial institutions that provide lump sums otherwise known as death benefits to beneficiaries  of their policy holders upon their demise, provided that premium is paid on regular basis.

Mutual fund

A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual Funds are operated by professional fund managers, who invest the fund's capital and attempt to produce capital gains and income for the investors.  

One of the main advantages of Mutual Funds is they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities. Each shareholder, therefore, participates proportionally in the gain or loss of the fund.​

4 0
3 years ago
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