On january 1, applied technologies corporation (atc) issued $510,000 in bonds that mature in 10 years. the bonds have a stated interest rate of 8 percent. when the bonds were issued, the market interest rate was 8 percent. the bonds pay interest once per year on december 31. required: 1. determine the price at which the bonds were issued and the amount that atc received at issuance

The correct answer for both is $510,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Issued in Bonds = $510,000

Interest rate = 10%

Market rate = 10%

As, interest rate is equal to market rate of the the bond, So it can be considered as bonds are issued at the face value.

So, the issued price = $510,000

The issuance amount = $510,000

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

2,283,000

explanation:

i just had to add it