Wednesday

July 30, 2014

July 30, 2014

Number of results: 23,409

**accounting**

On January 2, 2010, Wine Corporation wishes to issue $2,000,000 (par value) of its 8%, 10-year bonds. The bonds pay interest annually on January 1. The current yield rate on such bonds is 10%. Using the interest factors below, compute the amount that Wine will realize from the...
*July 8, 2010 by Jamie*

**accounting**

On January 2, 2007, a company issued $100,000 of 5%, 10 year bonds. The bonds will mature in ten years. The bonds were sold for for 95% (or .95 of par) and will pay interest semi-annually, or twice a year, on June 30 and Dec 31. Record the journal entries to record the ...
*October 8, 2011 by Renee*

**finance**

IBM issued $1,000 30 year bonds. The bonds sold for $936 and pay interest semi-annually. The required rate of return is 7%. wha tis the semiannual interest payment on the bonds?
*October 30, 2011 by Edward*

**accounting**

herman company received proceeds of $188,500 on 10-year, 8% bonds issued on january 1, 2009. the bonds had a face value of $200,000, pay interest semi-annually on june 30 and december 31, and have a call price of 101. herman uses the straight-line method of amortization. what ...
*November 10, 2010 by debbie*

**account**

On May 1, 2010, Newby Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2010, and pay interest semiannually on May 1 and November 1. Financial statements are prepared annually on December 31.
*August 11, 2012 by mirna*

**finance**

One year ago, Auto Land issued 10-year bonds at par. The bonds have a coupon rate of 6.5 percent and pay interest annually. Today, the market rate of interest on these bonds is 6.25 percent. How does today's price of this bond compare to the issue price
*May 15, 2010 by Anonymous*

**accounting**

I have figured this out I just want to make sure I am correct in my answers. 1.On January 2, 2007, A company issued $100,000 of 5%, 10 year bonds. The bonds will mature in ten years. The bonds were sold for for 95% (or .95 of par) and will pay interest semi-annually, or twice ...
*October 8, 2011 by Renee*

**accounting**

4/4/04, Corporation, which has a 12/31 year end authorized $1,500,000 of callable, mortgage bonds (secured by $2,200,000 of property and equipment, at market value). The bonds paid interest at a rate of 8% per year and had a term of 6 years. Interest was payable each 9/30, and...
*September 15, 2009 by Bob*

**Accounting**

Alliant Corporation sold $100,000,000 face value 8% bonds. The bonds mature in 20 years and pay interest semiannually. The going market rate of interest on bonds of similar risk is 6%. How much will Aliant receive upon the sale of the bonds
*May 1, 2013 by Jessica*

**acounting**

On January 1, 2004, $100,000,000 in 7.5%, 10-year callable bonds were issued at 96.64% to yield an effective rate of 8.0%. Callable at 103; interest paid annually on January1. If the bonds are called on April 1, 2006, what are the needed payments and entries to extinguish the ...
*August 31, 2010 by maret*

**accounting**

On January 1, 2004, $100,000,000 in 7.5%, 10-year callable bonds were issued at 96.64% to yield an effective rate of 8.0%. Callable at 103; interest paid annually on January1. If the bonds are called on April 1, 2006, what are the needed payments and entries to extinguish the ...
*August 31, 2010 by maret*

**accounting**

On December 31, 2013, a company issues bonds with a par value of $600,000. The bonds mature in 10 years, and pay 6% annual interest, payable each June 30 and December 31. The bonds sold at $592,000. The company uses the straight-line method of amortizing bond discounts. The ...
*February 4, 2014 by micheal*

**accounting**

JTD Corporation issued $800,000 of 20-year, 12% bonds on January 1, 2006, when the market rate of interest was 10%. Interest is payable annually on December 31. Use the present values tables shown via the textbook link above. a. Calculate the price of the bonds on January 1, ...
*April 5, 2010 by John*

**Accounting**

Prepare the entry to record the accrued interest and the amortization of premium on December 31, 2010 using the straight-line method. INFO: Sharapove Co common stock, $100 par 200 shares $37,400 U.S. government bonds, 11%, due 4/1/2020, interest payable 4/1 & 10/1, 110 ...
*October 16, 2011 by Ashley*

**accounting**

uconn has issued a 10 year $5,000,000 bond with semi annual interest payment with a contract rate of interest of 8%..determine the following you: how much will uconn have to pay to retire the bonds after it pays off the final interest payment at the end of the 10th year?
*December 14, 2009 by BillReynolds*

**finance**

uconn has issued a 10 year $5,000,000 bond with semi annual interest payment with a contract rate of interest of 8%..determine the following how much will uconn have to pay to retire the bonds after it pays off the final interest payment at the end of the 10th year?
*December 14, 2009 by BillReynolds*

**finance**

1. Yest Corporation's bonds have a 15-year maturity, a 7% semiannual coupon, and a par value of $1,000. The market interest rate (r) is 6%, based on semiannual compounding. What is the bond’s price? 2. A 20-year, $1,000 par value bond has a 9% annual coupon. The bond currently...
*October 13, 2013 by hannah*

**Business Maths**

Please how do i calculate this problem: The Raymore Company issued 10-year bonds on January 1, 2007. The 15% bonds have a face value of $100,000 and pay interest every January 1 and July 1. The bonds were sold for $117,205 based on the market interest rate of 12%. Raymore uses...
*December 10, 2009 by Peaches*

**Accounting**

Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The bonds have an annual interest rate of 6% payable on June 30 and December 31. The entry to record the purchase of the bonds would include: A.Interest ...
*June 9, 2013 by Mike*

**Pre-Cal**

This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2008. Assuming that you invest $9,000 in the United States (3.9%), how long (to the nearest year) must you wait before...
*February 29, 2012 by Kim*

**accounting**

On December 31, 2013, a company issues bonds with a par value of $600,000. The bonds mature in 10 years, and pay 6% annual interest, payable each June 30 and December 31. The bonds sold at $592,000. The company uses the straight-line method of amortizing bond discounts. The ...
*February 4, 2014 by micheal*

**FINANCE**

Polycorp Treasury a company in the land of Zanadu is holding a parcel of Zanadu Government Bonds with a face value of $2,000,000. The bonds were issued seven years and nine months ago and still have two years and three months to maturity. They pay a coupon rate of interest of ...
*March 27, 2014 by Anonymous*

**ACCOUNTING**

if a company issued $32,000,000 of 10-year, 12% bonds at an effective interest rate of 13%, receiving cash of $30,237,139 and interest on the bonds is paid semiannually how do you calculate the first semiannual interest payment and the amortization of the bond discount?
*April 26, 2010 by BOB*

**accounting**

Ignoring income taxes compute the amount of loss, if any, to be recognized by Banno as a result of retiring the $900,000 of bonds in 2007 and prepare the journal entry to record the retirement. On January 2, 2002, Banno Corporation issued $1,500,000 of 10% bonds at 97 due ...
*September 23, 2008 by laxer22*

**Business Math **

If Wilma borrows $5,000 from her brother (at 5% interest per year) and the loan matures in 10 years, how much will she have to pay annually to pay the loan off in 10 years? How much will she have to pay annually to pay the loan off in four years?
*February 17, 2013 by Jordan*

**Pre-Cal**

This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2008. Assuming that you invest $12,000 in the Japan(1.5%), how long (to the nearest year) must you wait before your ...
*February 29, 2012 by Rick*

**Financial Management**

XYZ International’s bonds mature in 12 years and pay 7% interest annually. If you purchase the bonds for $1,150, what is your expected rate of return?
*March 25, 2011 by Simone*

**Finance**

Zabberer Corporation bonds pay a coupon rate of interest of 12 percent annually and have a maturity value of $1000. The bonds are scheduled to mature at the end of 14 years. The company has the option to call the bonds in 8 years at the premium of 12 percent above the maturity...
*September 10, 2011 by Dora*

**math**

find the present value of ordinary annuity payments of 890 each year for 16 years at 8% compounded annually What is the amount that must be paid (Present Value) for an annuity with a periodic payment of R dollars to be made at the end of each year for N years, at an interest ...
*September 24, 2006 by john*

**Finance**

A 10-year bond has a coupon rate of 7% annually and a principal payment of $1,000.0. Other similar bonds are paying 9% annually. To determine the value of the bond you must find the interest factors, IF. at: A. 9% for 10 periods B. 9% for 20 periods C. 4.5% for 20 periods D. 4...
*November 10, 2013 by Michelle*

**consumer math**

Alisha has a five-year car loan of $15,000 with an interest rate of 6 percent. If the interest is compounded annually, how much will she pay in total for her car?
*October 10, 2013 by breanna ambre*

**consumer math**

Joe McCain purchased 5 $1,000 bonds at 89. The bonds pay 6%. What was the cost of the bonds? $4,450 ? What was the total annual interest? What is the yield?
*January 14, 2013 by jenny*

**accounting**

On April 1, 2008, Company issued $600,000, 9% bonds for $645, 442 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2018. So the way I started the entry was: April 1, 2008 DR Cash 645,442 CR Interest Payable (600,000 *.09...
*October 3, 2008 by Dani*

**Accounting**

Morley Company issued a $7 million face amount of 10% 10-year bonds on June 1, 2004. The bonds pay interest on an annual basis on May 31, each year. 1.
*June 14, 2007 by Jimm*

**accounting**

The market interest rate for Christian Charities is 8% on January 1, 2008. On that day, Christian Charities issued the following bonds. A. $500,000 7-year 7% bond B. $300,000 10-year 9% bond For both bonds, interest is paid semiannually on June 30 and December 31 each year up ...
*April 23, 2012 by kayla*

**Math**

How much would have to be invested at the end of each year at 6% interest compounded annually to pay off a debt of $80,000 in 10 years?
*December 12, 2010 by Nick*

**Finance**

Thompson Enterprises has $5,000,000 of bonds outstanding. Each bond has a maturity value of $1,000, an annual coupon of 12.0%, and 15 years left to maturity. The bonds can be called at any time with a premium of $50 per bond. If the bonds are called, the company must pay ...
*October 20, 2011 by k*

**Accounting**

On January 1, 2008, Boston Enterprises issues bonds that have a 3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par. How much interest will Boston pay (in cash) to the bondholders every six months? ...
*June 27, 2008 by Xavier*

**math**

Ryan has an eight-year loan for $6,000. He is being charged an interest rate of 5 percent, compounded annually. Calculate the total amount that he will pay.
*April 26, 2012 by bella*

**Accounting**

1. On July 1, 2010, Harris Co. issued 6,000 bonds at $1,000 each. The bonds paid interest semiannually at 5%. The bonds had a term of 20 years. At the time of issuance, the market rate of interest was 7%. Harris uses the effective interest rate method to amortize bond premium ...
*December 27, 2013 by Jana*

**Finance**

XYZ bonds have a 7.60 percent coupon and pay interest annually. The face value is $1,000 and the current market price is $1,062.50 per bond. The bond matures in 16 years. What is the yield to maturity?
*March 2, 2011 by Janiyah*

**finance**

Leggio Corporation issued 20-year, 7% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds has dropped to 6%. What is the new price of the bonds, given that they now have 19 years to maturity
*August 8, 2010 by jane*

**Finance**

Wachowicz Corporation issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 14 years to maturity?
*October 24, 2010 by Anonymous*

**math**

Grossnickle Corporation issued 30-year, noncallable, 8.5% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 6.5%. What is the current price of the bonds, given that they now have 29 years to maturity?
*September 22, 2012 by eric*

**accounting**

On December 31, 2009, $150,000 of 14% bonds were issued. The market interest rate at the time of issuance was 15%. The bonds pay interest on June 30 and December 31 and mature in 8 years. Compute the selling price of a single $1,000 bond on December 31, 2009
*February 21, 2012 by bry*

**Finance**

Johnson Motors’ bonds have 0 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon rate is 8 percent. The bonds have a yield to maturity of 9 percent. What is the current market price of these bonds?
*August 30, 2011 by Ashley*

**Accounting**

The Dec. 31, 2001, balance sheet includes the following items: 9% bonds payable due 12/31/2010 $800,000 Discount on bonds payable $21,600 The bonds were issued on December 31, 2000, at 97, with interest payable on June 30 and December 31 of each year. The straight-line method ...
*February 13, 2009 by Cindy*

**accounting**

On July 1, 2010, Brower Industries Inc. issued $8,900,000 of 9-year, 10% bonds at an effective interest rate of 12%, receiving cash of $7,936,343. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. ...
*April 25, 2011 by Kieran McCamment*

**Accounting**

Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually. The journal entry to record the receipt of interest on the next interest payment date would be: A.Debit: Cash $4,...
*June 9, 2013 by Mike*

**algebra**

Tasha invests $5,000 annually at 6% and $5,000 annually at 8%. Thomas invests $10,000 annually at 7%. Which statement accurately compares the two investments if interest is compounded annually?
*July 7, 2014 by alex*

**bond valuation**

Bond valuation The Garraty Company has two bond issues outstanding. Both bonds pay $100 annual interest plus $1,000 at maturity. Bondf L has a maturity of 15 years, and Bond S a maturity of 1 year. a. What will the value of each of these bonds when the going rate of interest ...
*February 25, 2007 by Gayla D*

**bond valuation**

Bond valuation The Garraty Company has two bond issues outstanding. Both bonds pay $100 annual interest plus $1,000 at maturity. Bondf L has a maturity of 15 years, and Bond S a maturity of 1 year. a. What will the value of each of these bonds when the going rate of interest ...
*February 25, 2007 by Gayla D*

**Math**

The Chavara family buys a house for $225,000. They pay $50,000 down and take out a 30-year mortgage on the balance. Find their monthly payment and the total amount of interest they will pay if the interest rate is 6%.
*November 6, 2010 by lynne*

**Economic**

Savings bonds sell for less than their face value because a.banks compete to sell them. b.this is how they pay interest. c.they pay dividends twice a year. d.interest is tax-exempt. Its D right?
*March 25, 2010 by candance*

**Math**

An inheritance of $40,000 is invested in two municipal bonds which pay 6% and 7% simple annual interest. If the annual interest from both bonds is $2,550 how much is invested at each rate?
*September 23, 2010 by Bailey*

**Accounting**

1. The price of a bond is equal to the sum of the interest payments and the face amount of the bonds. 1. True 2. False 2. When a corporation issues bonds, it executes a contract with the bondholders, known as a bond debenture. 1. True 2. False 3. A corporation issues $100,000...
*July 25, 2010 by Tasha*

**accounting**

Howell Corporation purchased $350,000 of its bonds on June 30, 2010, at 102 and immediately retired them The carrying value of the bonds on the retirement date was $339,500. The bonds pay semiannual interest and the interest payment due on June 30, 2010, has been made and ...
*December 5, 2010 by Mayumi*

**personal finance concepts**

Please answer these questions: A. After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end ...
*November 9, 2009 by cthj*

**economics**

Suppose you were offered $2,000 to be delivered in 1 year. Further suppose you had the alternative of putting money into a safe certificate of deposit paying annual interest at 10 percent. Would you pay $1,900 in exchange for $2,000 after 1 year? What is the maximum amount you...
*April 26, 2010 by Kysha*

**Accounting**

1. Bonds Payable has a balance of $900,000 and Premium on Bonds Payable has a balance of $10,000. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption? 1. $1,200 gain 2. $17,000 gain 3. $1,200 loss 4. $17,000 loss 2. Which of ...
*July 25, 2010 by Tasha*

**Intermediate Accounting **

The 10% bonds payable of Klein Company had a net carrying amount of $570,000 on December 31, 2006. The bonds, which had a face value of $600,000, were issued at a discount to yield 12%. The amortization of the bond discount was recorded under the effective-interest method. ...
*February 11, 2010 by Jeniffer*

**Finance**

Assume WhirledCom has an issue of 15 year $1000 par value bonds that pay 6% interest, semiannually Futher asssume that today's required rate of return on htese bonds is 9% How much would these bonds be worth today? Round off to the nearest $1
*November 14, 2011 by Debbie*

**Business Maths**

How do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
*January 1, 2010 by Peaches*

**Business Maths**

Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
*January 8, 2010 by Peaches*

**finance**

s bonds trade at 100 today. the bonds pay semiannual interest that is paid on january 1 and july 1. the coupon on the bonds is 10 percent. how much will u pay for a s bond if today is march 1?
*August 23, 2011 by ad*

**accounting **

On July 1, 2010, Brower Industries Inc. Issued $32,000,000 of 10-year, 12% bonds at an effective interest rate of 13%, receiving cash of $30,237, 139. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year...
*January 10, 2010 by missy*

**accounting**

On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue at $562,757.
*August 5, 2013 by Josh*

**accounting**

On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue at $562,757.
*August 5, 2013 by Josh*

**survey of accounting**

1. A corporation issues $18,000,000 of 6% bonds to yield an effective interest rate of 7%. a) was the amount of cash received from the sale of the bonds more or less than $18,000,000? b) identify the following amounts related to the bond issue: 1) face amount, 2) market rate ...
*March 8, 2010 by ravi*

**Algebra**

Joanie takes a $6000 loan to pay for her car. The interest rate on the loan is 12%. She makes no payments for 4 years, but has to pay back all the money she owes at the end of 4 years. How much more money will she owe if the interest compounds quarterly than if the interest ...
*April 1, 2009 by Cassie*

**Finance**

Grasshopper Inc issued 20 years, noncallable, 7.8% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years to maturity?
*November 4, 2013 by granann*

**accounting**

Worthington Company issued $1,000,000 face value , six-year, 10% bond on July 1, 2010, when the market rate of interest was 12%. Interest payments are due every July 1, and January 1. Worthington uses a calendar year-end. 1. Prepare the journal entry to record the issuance of ...
*September 19, 2012 by niecey*

**accounting**

a company issues 7% 10 year bonds with a par value of $150,000 and semi annual payments. On the side date the annual market rate for these bonds are 8%, which implies a selling price of 93 1/4 the straight line is used to allocate interest expense what is the total amount of ...
*September 13, 2011 by jamaal*

**accounting**

Bond Conversion The tramot corporation has $2,000,000 of 6 percent bonds outstanding. There is $40,000 of unamoritized discount remaining on the bonds after the March 1, 2008 semiannual interest payment. The bonds are convertible at the rate of 20 shares of $10 par value ...
*March 1, 2009 by Fantasy*

**math115**

Ms. Jefferson has been given a loan of $20,000 for 1 year. If the interest charged is $800, what is the interest rate on the loan?4% 2.A saleswoman is working on a 6% commission basis. If she wants to make $2,400 in one month, how much must she sell?$40,000 3.If $7,800 is ...
*October 3, 2009 by callie*

**Fianace**

A 10-year bond has a coupon rate of 7% anually and a principal payment of $1,000.00. Other similar bonds are paying 9% annually. To determine the value of this bond you must find the interest factors, IF. at: A. 9% for 10 periods B. 9% for 20 periods C. 4.5% for 20 periods d. ...
*October 30, 2013 by Michelle*

**accounting**

On March 1, 2008, five-year bonds are sold for $254,013 that have a face value of $250,000 and an interest rate of 10%. Interest is paid semi-annually on March 1 and September 1. Using the straight-line amortization method, prepare the borrower's journal entries on March 1, ...
*December 7, 2008 by Simone*

**math**

Say i have a mortgage of 200,000. One bank offers 5.oo%. The other offers 5.23% How do i calculate the interest paid over say 5 yrs. thanks You haven't given us enough information to calculate the interest. You need to know how much you're paying each year on your mortgage. ...
*August 3, 2006 by jason*

**Financial**

assume a $1000 face value bond has a coupon rate of 8.5 percent pay interest semi-annually, ahd has an eight-year life. if investors are willingto accept a 10.25 percent rate of return on bonds of similar quality, what is the present value or worth of this bond?
*September 16, 2012 by Judy*

**Math**

Please check my work, thank you If $7,800 is deposited into an account paying 6% interest compounded annually (at the end of each year), how much money is in the account after 2 years? A=$8,268.00 Rewrite the statement, using percent notation. Out of every 100 eligible people...
*April 6, 2008 by Terry B*

**Accounting**

Target Company issues bonds with a par value of $900,000 on their stated issue date. The bonds mature in 10 years and pay 10% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 12%. What is the selling price of the bond
*April 15, 2014 by help*

**math(Please help)**

Betsy, a recent retiree, requires $6,000 per year in extra income. She has $70,000 to invest and can invest in B-rated bonds paying 17% per year or in a CD paying 7% per year. How much money should be invested in each to realize exactly $6,000 in interest per year? I do not ...
*September 19, 2010 by Hannah*

**Math(Please help)**

Betsy, a recent retiree, requires $6,000 per year in extra income. She has $70,000 to invest and can invest in B-rated bonds paying 17% per year or in a CD paying 7% per year. How much money should be invested in each to realize exactly $6,000 in interest per year? I do not ...
*September 19, 2010 by Hannah*

**Discrete Mathematics**

You borrow $100,000 for a conventional 30 year mortgage at a 4% interest rate. Which is the first year, where years are 1-30, where you will pay more principal than interest?
*July 30, 2013 by Joy*

**Math**

The Garraty company has two bond issues outstanding. Both bonds pa $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years and Bond S a maturity of 1 year. A). What will be the value of each of these bonds when the going rate of inters is (1) 5 percent...
*June 17, 2006 by Dee Dee*

**COLLEGE ALEGBRA**

Sue, a recent retiree, requires $6,000 per year in extra income. She has $50,000 to invest and can invest in B-rated bonds paying 15% per year or in a certificate of deposit (CD) paying 7% per year. How much money should be invested in each to realize exactly $6,000 in ...
*June 20, 2011 by JOE*

**math**

jessica borrow$9000 from the bank to purchase a used car.the bank has given her an interest rate of 7.5%annually for a period of 2 1/2 year what is the total amount she will have to pay back at the end of the loan A)$1687.50 b)$9,000 c)$10,687.50 D)$16,875
*January 12, 2010 by makeeda*

**math**

ted has $20,000 invested in mutual bonds from the city of L A.these bonds pay an average return of 5.4% what is the after tax return for the current year on this municipal bond?
*May 21, 2014 by tyrone*

**Business finance**

In a discount interest loan, you pay the interest payment up front. For example, if a 1-year loan is stated as $10,000 and the interest rate is 10 percent, the borrower “pays” 0.10 x $10,000 = $1,000 immediately, thereby receiving net funds of $9,000 and repaying $10,000 in a...
*January 10, 2011 by Bryan*

**financial accounting**

If a $6,000, 10%, 10-year bond was issued at 104 on October 1, 2011, how much interest will accrue on December 31 if interest payments are made annually
*May 5, 2012 by nash*

**Math**

Deana invests some money that earns interest compounded annually. At the end of the first year, she earns $400 in interest. At the end of the second year, she earns $432 in interest. a) what interest rate, compounded annually, is deana earning? b) how much did she invest?
*May 13, 2014 by Victoria*

**Accounting**

On April 1, 2011, Albert Company purchased $50,000 of Tetter Company’s 12% bonds at 100 plus accrued interest of $2,000. On June 30, 2011, Albert received its first semiannual interest. On February 1, 2011, Albert sold $40,000 of the bonds at 103 plus accrued interest. The ...
*June 9, 2013 by Mike*

**accounting**

I need help, do not want the answer just stuck on how to solve this one. Here is the problem Elkins Company sold $2,500,000, 8%, 10-year bonds on July 1, 2011. The bonds were dated July 1, 2011, and pay interest July 1 and January 1. Elkins Company uses the straight-line ...
*February 10, 2013 by newbie2school*

**Algebra 2**

A company placed $1,000,000 in three different accounts. It placed part in short term notes paying 4.5% per year, twice as much in government bonds paying 5%, and the rest in utility bonds paying 4%. The income after one year was $45,500. What are the three equations needed to...
*October 12, 2012 by Marilu*

**Intermediate Accounting**

Prepare all the necessary journal entries to record the following transactions: 1. Sale of a 20 year convertible bond (dated March 1, 2001) with a face value of $1,000,000, interest rate 5%. The bonds were sold 4 months later on June 30, 2001 at 98 plus accrued interest of $16...
*December 11, 2010 by cyndi*

**Algebra**

Ernest receives $555 per year from his $7000 investment in municipal and corporate bonds. His municipal bonds pay 6% and his corporate bonds pay 9%. How much money is invested in each type of bond
*April 1, 2011 by Gman*

**Accounting 212 (Managerial)**

Could someone please assist in this matter. I'm trying to ascertain the straight-line discount amortization of a problem which is as follows. A company issues $4,000,000 of 6%, 15 year bonds dated January 1, 2007 that pay interest semiannually on June 30 and December 31. The ...
*February 3, 2007 by Danny*

**accounting**

Corporation is considering issuing bonds on January 1, 2009, and has asked your advice concerning several matters. The firm plans to issue $800,000 of 30-year, 10 percent bonds. Bond interest payments are on January 1 and July 1. IfthebondsareissuedonJanuary1,2009,...
*October 19, 2010 by marathoner*

**accounting**

Corporation is considering issuing bonds on January 1, 2009, and has asked your advice concerning several matters. The firm plans to issue $800,000 of 30-year, 10 percent bonds. Bond interest payments are on January 1 and July 1. IfthebondsareissuedonJanuary1,2009,...
*October 19, 2010 by marathoner*

**Finance**

Suppose that five years ago Cisco Systems sold a 15-year bond issue that had a $1,000 par value and a 7 percent coupon rate. Interest is paid semiannually. a. If the going interest rate has risen to 10 percent, at what price would the bonds be selling today? b. Suppose that ...
*September 27, 2012 by Christian*

Pages: **1** | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | Next>>