Mcgee company issued $400,000 of 8%, 20-year bonds on january 1, 2014, . interest is payable semiannually on july 1 and january 1. mcgee company uses the effective interest method of amortization for bond premium or discount. assume an effective yield of 6% in pricing the bond. instructionsi. calculate the price of the bondii. prepare the first 4 periods of amortization scheduleiii. prepare the journal entries to record the following. (round to the nearest dollar)a. the issuance of the bonds. b. the payment of interest and the related amortization on july 1, 2014c. the accrual of interest and the related amortization on december 31, 2014

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Hello! first of all this triangle contains a right angle, so therefore it is a right triangle.this triangle also has two sides that have an equal length. therefore it is an  isosceles triangle  as well.i hope this !