A 6-foot person walks from the base of a broadcast tower directly toward the tip of the shadow cast by the tower. When the person is 28 feet from the tower and 3 feet from the tip of the tower's shadow, his shadow starts to appear beyond the tower's shadow.
Find an equation involving the height of the tower, h, and the angle shown on the picture.
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Ответ:
Dr Cash 1,166,400
Cr Notes Receivable 1,000,000
Cr Interest Revenue 166,400
Explanation:
To determine the net amount of the notes receivable that will be recorded, we must determine the present value of the note:
present value = 1,166,400 / (1 + 8%)² = 1,166,400 / 1.1664 = 1,000,000