Ask a New Question
Search
1. $5030 at 8% from January 3 to July 4
what is the interest rate and maturity value
1 answer
5030 * 0.08 = 402.4
402.4/2 = 201.2
5030 + 201.2 = 5231.2
Similar Questions
Worthington Company issued 1,000,000 face value, 10% bonds on July 1 2012, when the market rate of interest was 12%. Interest
0 answers
Please how do i calculate this problem:
The Raymore Company issued 10-year bonds on January 1, 2007. The 15% bonds have a face
0 answers
Worthington Company issued $1,000,000 face value , six-year, 10% bond on July 1, 2010, when the market rate of interest was 12%.
0 answers
$720 borrowed on January 9, 2014, was repaid with interest at an annual rate of 7% on July 1, 2014.
What was the amount of
1 answer
more similar questions