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# Tutor profile: Nathan G.

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Nathan G.
Student at Oklahoma State University
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## Questions

### Subject:Finance

TutorMe
Question:

A bond has a face value of \$1,000 and pays interest semi-annually. If the market rate is 8%, and the coupon rate is 6%, what is the amount of the coupon payment?

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Nathan G.

\$30. 6% * \$1,000 = \$60 Payments are semi annual, so: \$60 / 2 = \$30

### Subject:Algebra

TutorMe
Question:

What is the slope for the line running through the points (2,3) and (4,6)?

Inactive
Nathan G.

Slope = Change in Y / Change in X Slope = (4-2)/(6-3) Slope = 2/3 or .67

### Subject:Accounting

TutorMe
Question:

What would the journal entry be for a company that sold \$3,000 worth of inventory to a customer on account for \$4,000.

Inactive
Nathan G.

Debit: Cost of goods sold \$3,000 Credit: Inventory \$3,000 Debit: Accounts Recievable \$4,000 Credit: Sales Revenue \$4,000

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