Business, 08.10.2019 19:20 asiababbie33
On january 1, year 1 residence company issued bonds with a $50,000 face value. the bonds were issued at 96 offering a 4% discount. they had a 20 year term, a stated rate of interest of 7%, and an effective rate of interest of 7.389%. assuming residence uses the effective interest rate method, the carrying value of the bond liability on january 1, year 1 is (round any necessary computations to the nearest whole dollar)(a) $3,499(b) $3,500(c) $3,547(d) $3,600
Answers: 2
Business, 22.06.2019 01:50
Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amandaβs balloon payment be in eight years
Answers: 3
Business, 22.06.2019 06:20
At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58
Answers: 1
Business, 22.06.2019 11:00
When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations
Answers: 1
Business, 22.06.2019 11:30
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
On january 1, year 1 residence company issued bonds with a $50,000 face value. the bonds were issued...
Computers and Technology, 02.08.2019 22:20
Computers and Technology, 02.08.2019 22:20