General Business Questions and Answers

American Express have invited me to carry their platinum card which have $450 once a year payment. is it worth it, im merely?

21 and not sure if its right for my age. I have a gold ingots that only have $150 fee but they want me to upgrade. is it well brought-up to have this card and build credit near them from now


Answers: ONLY someone who requests to pull the card out of their wallet for show will foot that kind of tax for a card.

I have be offered the black card several times now and I am not a fool next to that price tag, The object I can be offered such a card is because I was not a fool to spend money on such fees.
Why would anyone compensate a fee to own a credit card

I don't pay a allowance, and mine works fine (visa Gold, No-fee)
no goof, just catch a regular AE card and pay the minimum

Bad sign?

You are up for a job and the company have always be prompt about scheduling phone interviews. For example, two business days after the prior interview someone call you to set it up.

Then at the last interview they converse to you like you hold the job and report you that they'll email you by the end of subsequent week about flying you out.

At 3:30 on Friday you still haven 't gotten the email.

And why switch to email from scheduling by phone?


Answers: Call them and inquire in the region of what is going on.

Maybe someone is out sick. Or maybe someone not long quit.

Good luck.
The switch from phone to E-mail, could be so that you will be able to print out a concrete copy of the arrangements. You should call to inquire, as it will show your interest within the job.

Accounting aid desperatly needed?

Accounting?
Please help me beside this question
When the marketplace rate of interest was 11%, Welch Corporation issued $100,000, 8%, 10-year bonds that reimburse interest semiannually. Using the straight-line method, the amount of discount or premium to be amortized each interest interval would be
A. $4,000
B. $896
C. $17,926
D. $1,793


Answers: 1st you gotta work out the price of the bond using the formula $100,000(pv1,5.5%,20)+8%(1/2)($100,000)(...
Using the PV and PVA tables contained by the links, you'll get
$100,000(0.3427)+8%(1/2)($100,000)(11.
=$34,270 + 47,802 = $82,072, the bond price
So the bond discount be $100,000 - $82,072 = $17,928 to be amortised equally over 20 interest periods or $896.40 respectively interest period.
So the answer is (B) $896.

Note: 5.5% is partially the market rate of 11%
Homework assistance? I wish I could earn 11%!

If the open market rate is 11% and the bonds are issued at 8%, then they would enjoy to be issued with a premium within order to compensate the purchaser for the differnce contained by value. Does that relieve to get you started?

So you enjoy to calculate the fiesta value of the $100K. Do you remember your FV calculation? Then the difference between the FV and the face plus is the premium. To calculate the amortization on the SL spring, take the total premium and divide by the number of payments (10 years at 2 payments per year = 20 total payments)

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