Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
Answer:
The slope of y = 1 is 0
explanation:
Determining slope has been based on a simple formula, y2-y1 over x2-x1.
It is crucial to follow this formula in order to attain the proper slope.
When a simple expression is given, for instance; y = 1 then it could be divided by 0; thus, resulting in the answer simply being zero.
However, x=1 would contain the slope of undefined because any number divided by zero results in an undefined answer.
Answer:
y=1/2x-7
Step-by-step explanation:
The slope is always the number with "x", and the y-intercept is at the end of the equation. In this case, 1/2 is with the "x", and -7 is the y-intercept.
