On January 1,2018,bonds with a Face Value of $72,000 Were

question 22

Multiple Choice

On January 1,2018,bonds with a face value of $72,000 were sold.The bonds mature on January 1,2028.The face interest rate is 6%.The bonds pay interest semiannually on July 1 and January 1.The market rate of interest is 10%.What is the market price of the bonds on January 1,2018? The present value of $1 for 20 periods at 5% is 0.377.The present value of an ordinary annuity of $1 for 20 periods at 5% is 12.462.The present value of $1 for 20 periods at 3% is 0.554.The present value of an ordinary annuity of $1 for 20 periods at 3% is 14.878.(Round your final answer to the nearest dollar. )

• A)$54,062
• B)$74,160
• C)$72,024
• D)$72,000

Understand factors contributing to variances and their interpretations.

Develop and analyze direct labor rates and hours for budgetary control and performance measurement.

Calculate and interpret standard cost and budgeted cost estimations for materials and labor.

Understand the definition and impact of process conflict within organizations.

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Definitions:

Modern Speech

The contemporary forms and uses of spoken language, as distinguished from older forms or stages in the historical development of a language.

Adults Worldwide

Individuals across the globe who are recognized as being of age, typically 18 years or older, depending on the specific legal definitions of adulthood in different countries.

Color Spectrum

The range of all possible light frequencies, visible to the human eye as different colors, from violet through to red.

Muscular Movements

The actions resulting from the contraction and relaxation of muscles which enable physical motion in organisms.