Answer:
Option 1 is correct.
-5
Step-by-step explanation:
Given:
The given expression is.
Write the given expression in simplest form.
Add negative term of y.
The simplest form of given expression is
Therefore, the coefficient of the variable term is -5
Answer:
8.704%
Step-by-step explanation:
The computation of the before cost of debt is as follows
Given that
Future value = $100
Present value = $103
NPER = 25 × 2 = 50
PMT = $100 × 9% ÷ 2 = $4.5
The formula is presented below:
= -RATE(NPER;PMT;PV;FV;TYPE)
After applying the above formula, the rate is 4.3518%
Yearly rate is
= 4.3518% ×2
= 8.704%
