Answer:
The amount to be received onthe coupon date is $154000.
The amount to be received at bonds maturity is $4154000.
Explanation:
amount received on the next coupon date = 4000*$1000*7.7%*6/12
= $154000
amount to receive when the bonds mature = face value + interest
= 4000*$1000 + $154000
= $4,000,000 + $154000
= $4154000
Therefore, the amount to be received onthe coupon date is $154000 and the amount to be received at bonds maturity is $4154000.
Answer:
The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.
Answer:
The correct answer is C: $4300
Explanation:
Giving the following information:
They will invest an equal amount each month for 5 years.
This account will earn 6% per year(0.5% per month)and will have $300,000 at the end of the 5-year term
We need to use the following formula:
final value= {A[(1+i)^n-1]}/r
A= cuota
i= monthly interest
n= 60 months
Isolating A:
A= (FV*i)/[(1+i)^n-1]
A= (300000*0.005)/[(1.005^60)-1]
A= 1500/0.34885= 4300
Scientific method involves ways in which you would solve something while the others are just assuming or wondering what could happen.
