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- What is the total unearned interest income? *a. 2,410,000b. 1,666,000c. 1,210,000d. 166,000Question content area top Part 1 (Related to Checkpoint 6.4) (Present value of a perpetuity) What is the present value of a $350 perpetuity discounted back to the present at 16 percent? Question content area bottom Part 1 The present value of the perpetuity is $enter your response here. (Round to the nearest cent.)FV(Semi.) = $100(1.06)10 = $
- If beginning and ending interest receivable were P16,000 and P5,000, respectively. Total interest income for the period amounted to P52,000, how much would be the amount of interest collections for the period?a. P31,000 c. P52,000b. P41,000 d. P63,000What amount will reduce the amount due on an invoice of $2555 73 by $1106 05 if the terms of the invoice are 1/10, n/60 and the payment was made during the discount period? The payment amount is s (Round to the nearest cent as needed)1. What is the warranty expense for the current year a. 70,000 c. 80,000 b. 50,000 d. 60,000 2. What is the warranty liability at year end? a. 10,000 c. 80,000 b. 70,000 d. 90,000
- What is the PV of an annuity due with 5 payments of $5,700 at an interest rate of 6.1%? a. $23,945.30 b. $27,940.90 c. $25,405.96 d. $29,645.30 e. $19,705.96Ajax Corporation has hired Brad O'Brien as its new president. Terms included the company's agreeing to pay retirement benefits of $18,600 at the end of each semiannual period for 10 years. This will begin in 3,285 days. If the money can be invested at 8% compounded semiannually, what must the company deposit today to fulfill its obligation to Brad? (Please use the following provided Table and Table 12.3.) (Use 365 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Deposit amount 124,779.35General Computers Inc. purchased a computer server for $65,500. It paid 25.00% of the value as a down payment and received a loan for the balance at 6.50% compounded semi-annually. It made payments of $2,400.41 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? o payments Round up to the next payment b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. Payment Number 0 11 Payment $0.00 $0.00 Interest Portion Principal Portion 50.00 50,00 SUBMIT QUESTION $0.00 50.00 Principal Balance $49.125.00 $0.00 $0.00