Answer:
Dr cash $3 914 000 Cr bond premium $114 000 cr Bonds payable $3800000
Explanation:
Bond sold at a premium
$3800000(103%)=$3 914 000
Bond premium =Bond sold at Premium-Par value bonds
$3 914 000-$3 800 00=$114 000
then the par value bond =$3800000
Answer:
1. Excludability
2. Rivalry in Consumption
3. 4 Different Types of Goods
4. Private Goods
Explanation:
Answer:
The right solution is "$20.733.16".
Explanation:
According to the question,
Face value,
= $20000
Rate (r),
= .035
Bond A:
= 
= 
=
($)
Bond B:
= 
= 
=
($)

With continuous interest,

where
F=future value
P=principal = 1000
r=rate=5%
t=time=3 years




Answer: The accumulated amount after three years is
$1161.83