Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. $500 per year for 14 years at 10%.

$

$250 per year for 7 years at 5%.

$

$200 per year for 7 years at 0%.

$

Rework previous parts assuming they are annuities due.

Present value of $500 per year for 14 years at 10%: $

Present value of $250 per year for 7 years at 5%: $

Present value of $200 per year for 7 years at 0%: $

What is credit and debit in accounting

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false