On july 1, 2009, Allen Company signed a $100,000, one year, 6 percent note payable. At due date, June 30, 2010, the principal and interest ($106,000) […]
Biti Bank purchase a $4,000 bond that pays 11% pa compounded half-yearly and is redeemable in exactly 13 years. The price paid will yield the bank 5% pa compounded half-yearly […]