On April 1,2010,Jared Enterprises Issues Bonds Dated January 1,2010,that Have

question 61

Multiple Choice

On April 1,2010,Jared Enterprises issues bonds dated January 1,2010,that have a $2,430,000 par value,mature in 20 years,and pay 7% interest semiannually on June 30 and December 31.The bonds are sold at par plus four months' accrued interest.What is the total amount of cash Jared Enterprises will collect on April 1,2010?

• A)$2,600,100
• B)$2,430,000
• C)$2,486,700
• D)$2,750,000
• E)$2,515,050

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Definitions:

Proprioception

The body's ability to perceive its own position in space, important for coordination and balance.

Golgi Tendon Organs

Sensory receptors located at the junctions of muscles and tendons that monitor tension developed in muscles and help prevent muscle damage.

Muscle Spindles

Sensory receptors within the belly of muscles that primarily detect changes in the length of the muscle.