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Calculation of interest rate using effective interest rate method
On January 1, 2008, the Junco Company issued $500,000 face amount 10 year, 10% stated rate bond when the market interest rates were 11%. The bonds pay interest semiannually each June 30th and December 31st and mature on December 31, 2018.
Using the effect interest rate method, determine the interest that will be recognized on the income statement on June 30th, 2008
XYZ Ltd paid= $200,000 for feasibility study on project about a year ago. You are needed to compute: The amount of the loan repayments. The accounting rate of return (gross and net).
Computation of the effective interest rate on the loan payable in due and in advance and calculate Interest is deducted in advance
Question on Computational Fluid Dynamics, What do your simulations derive the drag coefficients to be? Explain any discrepancies as best as you can.
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The machines have a 6-yr life after which they are worthless. Illustrate what is the equivalent annual cost of one of these machines if the required return is 16 percent.
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Calculate the salary at the end of 24th year from now from the facts and what will 80% of your last year's salary be
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