Discount-mart issues $17 million in bonds on january 1, 2021. the bonds have a eight-year term and pay interest semiannually on june 30 and december 31 each year. below is a partial bond amortization schedule for the bonds: date cash paid interest expense increase in carrying value carrying value 01/01/2021 $ 15,157,579 06/30/2021 $ 680,000 $ 757,879 $ 77,879 15,235,458 12/31/2021 680,000 761,773 81,773 15,317,231 06/30/2022 680,000 765,862 85,862 15,403,093 12/31/2022 680,000 770,155 90,155 15,493,248 what is the market annual rate of interest on the bonds?

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.