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ElenaW [278]
3 years ago
13

DeKay Dental Supplies issued $10,000 of 20-year bonds on January 1, 2021. The bonds pay interest semiannually. This is a partial

bond amortization schedule for the bonds.
Payment Cash Effective interest Decrease in Balance Outstanding Balance
9,080
1 400 409 9 9,089
2 400 409 9 9,089
3 400 409 9 9,107
4 400 410 10 9117

Requied:
What is the stated annual rate of interest on the bonds?
Business
1 answer:
valina [46]3 years ago
7 0

Answer:

8%

Explanation:

Calculation to determine the stated annual rate of interest on the bonds

First step is to calculate Semi annual coupon rate

Semi annual coupon rate= 400 ÷ $10,000

Semi annual coupon rate= 4%

Now let determine the Annual rate of interest

Annual rate of interest= 4% × 2 (Semiannually)

Annual rate of interest= 8%

Therefore the stated annual rate of interest on the bonds is 8%

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(1) : (2) : (3)DI - C : DI - C : DI - C$0 - $4 : $0 - $65 : $0 - $210 - 11 : 80 - 125 : 20 - 2020 - 18 : 160 - 185 : 40 - 3830 -
vekshin1

Answer: B

The marginal propensity to save will remain unchanged in each of the countries.

Explanation:

Marginal propensity to consume (MPC) is the percentage of increase or decrease in income that goes to consumption

Marginal propensity to save (MPS) is the percentage of increase or decrease in income that goes into savings. It can also be expressed as:

1 - MPC

Average propensity to save measures the level of saving at a given level of income.

The marginal propensity to save measures changes in savings relative to changes in income but the income remains unchanged here, the MPS also remains unchanged.

3 0
3 years ago
According to pmi’s agile’s practice guide, which roles are considered appropriate agile roles?
Mamont248 [21]

Traditional predictive project management and the PMI's Project Management Body of Knowledge remain inextricably linked, notwithstanding changes made in the Sixth Edition (PMBoK).

Concerns for Agile/Adaptive Environments are covered in each of its 10 Knowledge Areas. But generally, they are only two or three paragraphs long. The primary goal is raising awareness.

The organization's own Agile Project Management qualification is designated as a PMI Agile Certified Practitioner (PMI-ACP). The PMI-ACP is also the certification with the fastest growth.

Instead of calling Scrum a methodology, Schwaber refers to it as a framework. This is mainly because many people associate the word "methodology" with being prescriptive in character.

To learn more about PMI's here

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6 0
2 years ago
In economics, the cost of something is a. always measured in units of time given up to get it. b. the dollar amount of obtaining
Paha777 [63]

Answer:

The correct answer is C

Explanation:

Economies is the study of how the society uses the resources which are limited and it deals with the consumption, production as well as distribution of the goods and services.

And under the economics the cost of something like or product is defined as what the person give up in order to get something.

For example, a person wants to purchase to product, he needs to give up the money against it in order to have the product or item with him.

4 0
3 years ago
A method for selecting multiple lines of text is to _______.
antiseptic1488 [7]
The answer to this question is by clicking and draging in the white space to the left of the lines. In word processing, copying and selecting multiple lines is a technique that can help you work on your document faster. Also in word processing, the user can create, edits, and save the document.
4 0
4 years ago
Business writers prefer simple, informal words that are readily understood and less distracting than more difficult, formal word
Daniel [21]

Answer:

The statement is: False.

Explanation:

Business is one of the fields that require paperwork and reports to be transmitted seriously because of the type of information handled. <em>Inflation rates, the annual Gross Domestic Product (GDP) </em>or <em>a country's economic policy</em> are typical topics dealt in this field. For that reason, business writers <em>must be formal</em> without being afraid of using technical terminology where necessary.

5 0
3 years ago
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