Answer:
$22,820
Explanation:
Calculation to determine Determine the present value of the par value of the bonds.
Discount rate =8%/2
Discount rate= 4%
Present value factor of 20 periods at 4%= ( 1 / 1.04^20 )
Present value factor of 20 periods at 4%=0.4564
Using this formula
Present value of the par value of the bond = Future value of the bond x Present value factor =
Let plug in the formula
Present value of the par value of the bond=$50,000 x 0.4564
Present value of the par value of the bond = $22,820
Therefore the present value of the par value of the bonds is $22,820
A financial plan is more influenced by economic factors, values, goals and the current scenario.
<h3 /><h3>What is a financial plan?</h3>
It corresponds to a personal or organizational strategy to achieve financial goals through planning for the use of financial resources. Factors that influence financial planning are mastery of finance, social well-being, financial inclusion and financial literacy.
Therefore, financial planning is impacted by environmental and personal circumstances that will affect resource allocation needs to achieve goals and objectives.
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Answer: Argentinean central bankers effectively gave control of their domestic interest rate to the FOMC.
Explanation:
The Federal Open Market Committee(FOMC) is a committee of the Federal Reserve which influences the interest rate in the country by engaging in Open Market Operations (OMO). In doing so, they also influence the value of the dollar which is the currency of the U.S.
By pegging the Argentine Peso to the U.S. dollar, the Argentines effectively gave control of their domestic interest rate to the FOMC because the FOMC in deciding the interest rate for the U.S. and therefore the dollar, will be deciding for any other currency that moves exactly as the dollar does which is what the Peso is now going to do.
Answer:
Option B $128700
Explanation:
The amortization can be calculated using the following formula:
Amortization for the Year = Assets Value * (Turquoise Extracted / Total Turquoise)
Amortization for the Year = $429,000 * (1950/6,500) = $128,700
The method used is depletioning method because it seems that the company will extract all of the turquoise within the 3.33 year time (6500/1950), which is within the 5 years duration for which the right to extract the turquoise is purchaseed. Otherwise the straigth line method would had be used here.
