Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please do it by type not pics. 1.calculate the bal

Please do it by type not pics. 1.Calculate the balance of the premium account at...

90.2K

Verified Solution

Question

Accounting

Please do it by type not pics.

1.Calculate the balance of the premium account at the end of Year 1 - Quarter 4 using the following information:

$80,000 four-year note with 12% interest. The market rate is 11%. This note's payments are quarterly and interest also compounds quarterly.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Gary Levin is the chief executive officer of Mountainbrook Trading Company. The board of directors has...

Finance
Q

Develop a marketing plan for a hypothetical Bed and Breakfast located in Atlanta, Georgia. To make...

Mechanical Engineering
Q

Ivy false authority anecdotal hasty generalization no fallacy committed appeal to hypocrisy Question 12 Visualization...

Biology
Q

4 A box of mass 20 kg is connected to mass of 2 kg hanging...

Physics
Q

5 26 Future value of an annuity In 10 years you are planning on retiring...

Basic Math
Q

Question pod area between f x and the x axis over the interval

Calculus
Q

Just question 8. ...

Accounting
Q

A machine costing $209,800 with a four.year life and an estimated $17,000 salvage vafue is...

Accounting
Q

Foster Corporation received the following report from its actuary at the end of the year:...

Accounting
Q

Exeter has a materials standard of 1 pound per unit of output, each pound has...

Accounting
Q

Q: Describe the five elements of financial position in detail.

Accounting
Q

U.S. 5% Nominal one year interest rate Spot rate France 9% $1.17 Japan 8% $0.010...

Finance