To solve: use the simple interest calculation.
interest earned over the life of the bond = (bond price)(coupon rate)(years)
= (2,000)(0.04)(20)
= $1,600
So after 20 years on a 4% coupon bond starting at $2,000 Muriel will earn $1,600 in interest.
<span>The probability that this person was a victim of identity theft that occurred from the unauthorized use of a credit card is 0.05%. </span>
Answer:
$101,500
Explanation:
Net Sales $2,030,000
Allowance for uncollectible Accounts ($2,030,000*5%)=$101,500
The amount of uncollectible accounts to be reported in income statement shall be $101,500
Answer:
(B) are subject to a self-employment tax of approximately 15%.
Explanation:
