An annuity makes payments for 50 years with the following payment pattern: $1 paid at the end of the first year, $2 at the end of the second year, $1 at the end of the third year, $4 at the end of the fourth year, $1 at the end of the fifth year, etc. This pattern will continue such that $1 will be paid out at the end of the 49th year and $50 will be paid out at the end of the 50th year. What is the present value of this annuity assuming the interest rate is 5% per annum convertible quarterly? A

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Which of these makes a student loan different from other types of loans