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Nastasia [14]
3 years ago
10

DeKay Dental Supplies issued $10,000 of bonds on January 1, 2018. The bonds pay interest semiannually. This is a partial bond am

ortization schedule for the bonds Effective Decrease in Outstanding Payment Cash interest balance 400 400 400 400 409 409 409 410 balance 9,080 9,089 9,098 9,107 9,117 10 What is the stated annual rate of interest on the bonds?
a) 4.5%.
b) 9.0%.
c) 40%.
d) 80%.
Business
1 answer:
svp [43]3 years ago
7 0

Answer: d. 8.0%

Explanation:

The Stated Annual Rate of Interest on a bond refers to the coupon rate which is the amount that the company promises to pay on the bond pay period.

Looking at the question, the company is paying $400 every 6 months on the $10,000 bonds . The interest therefore is;

= 400/10,000

= 4%

Company pays 4% on the bonds every 6 months.

This 4% should be stated in annual terms so;

= 4% * 2

= 8%.

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EX 7.13. Create an interface called Visible that includes twomethods: makeVisible and makelnvisible. Both methods should takeno
lord [1]

Answer:

public class Icon implements Visible

{

       // instance variable

      //Constructor variable

      Public Icon()

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     //two methods will be implemented make visible and makeInvisible with the signage and return type

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Explanation:

Create an interface called Visible that includes twomethods: makeVisible and makelnvisible. Both methods should takeno parameters and should return a Boolean result. Describe how aclass might implement this interface.public interface Visible{public: boolean makeVisibleO;public boolean makelnvisibleO;

The above can be executed as a javascript

public class Icon implements Visible

{

       // instance variable

      //Constructor variable

      Public Icon()

      {  

         //implementation

                                      }

     //two methods will be implemented make visible and makeInvisible with the signage and return type

       //displayed below

\        public boolean<em> makeVisible</em>()

        {

                    //the implementation is registered here

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3 years ago
How long would it take for Nico to save an adequate amount for retirement if he deposits​ $40,000 per year into an account begin
dalvyx [7]

Answer: It will take Nico approximately 12 years

Explanation:

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r = 12%

Future Value = 1000 000

Future Value annuity = Payments((1 + r)^n - 1)/r

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40000((1.12)^n - 1) = 1000000 x 0.12

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6 0
3 years ago
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g Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.
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Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.

Barter is best defined as a situation where two individuals each want some or service that the other can provide.

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<h3>What is money?</h3>

Money is anything that is  accepted by the general public as a means of payment for products and for repayment of debt.

<h3>What are the functions of money?</h3>
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