Answer :
On January 1st, 2020, Bay Company invests $60,000 in 60, 8%, 5 year, $1,000 Community bonds. A gain of $4,500 is realized if Bay sells all of its Community bonds for $64,500.
How do local ties function?
Following is a list of community ties:
a social finance tool that cooperatives, non-profits, and charities can use to fund initiatives that benefit people and the environment. They resemble conventional bonds in many ways since they are interest-bearing loans from investors with a predetermined rate of return and a set period.
How can the bonds within a community be strengthened?
Socialize with your neighbors by going outside. One of the simplest ways to build and strengthen community bonds is to spend time with your neighbors.
Show strength community member who serves as a role model for others.
Attend social gatherings.
Take part in neighborhood gatherings.
Make the most of volunteer opportunities.
To learn more about ties within communities, visit brainly.com/question/25965295
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