1. 2. 3. If SIOO.OOO is borrowed for 9 months at an annual rate of 8% interest all due at maturity, then the full amount of cash including principal and interest to be paid at maturity amounts to A. B. C. D. E. S6,OOO. S8.ooo. S! 06.000. S108.ooo. none of these On January 1, 20X4 a company purchased a building for S2SO,OOO, borrowing S200,OOO from the bank to be used with their own existing cash for the purchase. The S200,OOO bank mortgage has a 10 year term and bears an annual interest rate of 8% compounded monthly. Payments of principal and interest amounting to S2.426.S5 are to be made at the end of each month beginning 1/31LX4. Determine the balance of the mortgage payable at 3/1/X4 assuming the monthly payment was properly paid and recorded at the end of January and February (round answer to the nearest cent). A. S195.146.90 B. S197,342.23 C. S197,806.28 D. S198.906.78 E. S200.ooo.oo The issuance of bonds by a corporation is A. an example of debt financing. B. an example of equity financing. C. none of these