Following a step-by-step approach to formulate and solve linear programming models helps practitioners to avoid complexity

Alexa Company issued 5-year, 7% bonds with a par value of $100,000. The company received $97,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is:

A) $3,294.70. B) $3,500.00. C) $3,705.30. D) $7,000.00. E) $7,410.60.

When can an offer be withdrawn or revoked?

A) No less than 10 days after it has been communicated to the other party B) No less than 5 days after it has been made C) No less than 10 days after it has been made D) At any time before it has been accepted E) At anytime