$115,850 (70%*$165,500) is the cost for the land and $49,650 (30%*$165,500) represents the cost for the building. The total cost for the land and the building is represented by the equation $165,500 (150,000 + [7%*$150,000] + $5000). The company must gain (70% and 30%) by dividing each of the values by the total value (($87,500+$35,000)/($87,500+$35,000+$52,500)for land; $52,500/($87,500+$35,000+$52,500) for building.
Answer:
3/5
Step-by-step explanation:
3+1=4
2/5+_=1
1-2/5=_
5/5-2/5=_
3/5
Answer:
x = -30
Step-by-step explanation:
x - (-10) = -20
Subtracting a negative is adding
x+10 = -20
Subtract 10 from each side to isolate x
x+10-10 = -20-10
x = -30
Answer:
the best estimate for each boc cost is $15
Step-by-step explanation:
divide 305 to 21 it is near 15
Answer:
5.8%
Step-by-step explanation:
Current yield = 6.1%
Face value of bond = $500
Market price of bond = $475
Let the original coupon rate be CR


Multiply both sides by 475

Cancel out the 475's from the top and bottom of the right side


Flip the sides

Divide both sides by 5000

Cancel out 50000 from the top and bottom of the left side
%
CR = 0.0579 * 100 [convert decimal into a percentage]
CR = 5.79 %
CR = 5.8% [rounded off to the tenth place]