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15. Calculate the interest due on a 5 year, $100,000 bond at 10% for one year a. $10,000 b. S50,000 c. S150,000 d. S500,000 16.

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15. Calculate the interest due on a 5 year, $100,000 bond at 10% for one year a. $10,000 b. S50,000 c. S150,000 d. S500,000 16. What is the total amount of interest and principle that would have been paid at maturity on the bon the above problem? a. S50,000 b. $100,000 c. S150,000 d. $10,000 17. Which of the following is not needed to calculate interest due on a note a. b. c. d. The face amount The interest rate When the note balance is due The date the note is signed 18. The interest charged on a $300,000 note payable, at the rate of 7%, on a 3 month note would be a. S5.250 b. $21,000 c. S525 d. $10,500 19. Which of the following is a long term liability? a. b. c. d. Salaries payable Bond ble Accounts payable Any debt due within a year s paya

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