The present value of an investment is the amount that must be invested now to accumulate to a certain amount in the future at a specific interest rate

On January 1, 2017, Taggart Sales issued $16,000 in bonds for $19,800

These are eight-year bonds with a stated interest rate of 10% that pay semiannual interest. Taggart Sales uses the straight-line method to amortize the bond premium. After the first interest payment on June 30, 2017, what is the bond carrying amount? A) $19,800 B) $19,562 C) $16,238 D) $16,000

When one author wrote, "Very simply, my job was to get the client's name in the paper," he was describing the role of:

A. Journalism D. Press agentry B. Public relations E. Media relations C. Public affairs