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Genrish500 [490]

2 years ago

11

Your mom is thinking of retiring. her retirement plan will pay her either $250,000 immediately on retirement or $350,000 five ye

ars after the date of her retirement. which alternative should she choose if the interest rate is:
a. 0% per year?
b. 8% per year?
c. 20% per year?

1 answer:

WITCHER [35]2 years ago

4 0

I will go with choice b for answer

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Houston repeatedly promised his daughter, Allyson, that he would pay one-half of the costs for Allyson to attend a private, hist

notsponge [240]

It is 1 3/4 because I know it

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2 years ago

A Japanese company has a bond outstanding that sells for 105.43 percent of its ¥100,000 par value. The bond has a coupon rate of

krok68 [10]

Answer:

The correct answer is 2.98% (approx.).

Explanation:

According to the scenario, the computation for the given data are as follows:

First we calculate the current value:

Current value (CV) = 100,000 × 105.43%

= 105,430

Now, Annual coupon (AC) = 100,000 × 3.4%

= 3,400

So, we can calculate the yield to maturity by using following formula:

Yield to maturity = [AC + (Face value - CV) ÷ maturity time] ÷ (Face value + CV) ÷ 2

By putting the value we get,

= [ 3,400 + (100,000 - 105,430) ÷ 16] ÷ (100,000 + 105,430) ÷ 2

= [ 3,060.625] ÷ (102,715)

= 2.98%(Approx)

3 0

2 years ago

What effect does the change in the market for cripps pink apples have on the price of the apples and on the quantity supplied an

Anika [276]

Answer:

The change in the market for Cripps is positively related with other apples.

Explanation:

The Cripps pink apples are the substitute to the other apples so there is a direct relationship between the price one commodity and the demand for its substitute commodity. Therefore, if the price of Cripps pink apples rises, then the demand for other apples will rise also because of substitute goods. Similarly, if the price fall, then the demand for other apples will also fall. Thus substitute goods encompass a positive relationship.

3 0

1 year ago

Ransdell Corporation estimates that $15,000 of the current period’s credit sales will be uncollectible. Where will these bad deb

Naily [24]

Answer:

Bad Debts Expense of $ 15,000 in the income statement and offset of receivables by $ 15,000 in the balance sheet.

Explanation:

The portion of credit sales considered to be uncollectible will be recorded as an expense in the income statement for the period. This is usually classified as bad debts expense and appears in the income statement as a debit or expense.

The corresponding credit shall be either to an Allowance for Uncollectible accounts if a provision is made or directly as a credit to the receivables account.

In either manner the effect is to reduce the receivable in the balance sheet

5 0

2 years ago

6. Many supermarkets carry plain packages that only identify the name of the product that is inside. For example, a label may re

VikaD [51]

Answer:

generic goods.

Explanation:

Generic goods -

It refers to the type of packaging , where only the type of product present inside the packet is written , rather than specifying the name of the brand , is referred to as generic goods .

For example ,

Mentioning the package with rice , cola , beans etc. , is the example of generic food .

Hence , from the given scenario of the question ,

The correct answer is generic goods .

6 0

2 years ago