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Rashid [163]
3 years ago
13

In an apartment complex with 28 units, 19 of the renters keep a pet. What percentage does not keep a pet?

Mathematics
1 answer:
Aleks04 [339]3 years ago
6 0

If 19 out of 28 renters keep a pet, there are 28-19 = 9 renters who don't keep a pet.

Whenever you have a subset of some set, and you want to know which percentage of the set the subset represents, you simply have to compute

\dfrac{\text{number of elements in the subset}}{\text{number of elements in the set}}\times 100

So, in your case, you're wondering what percentage of 28 does 9 represent. So, the formula becomes

\dfrac{9}{28}\times 100 = 0.32\overline{142857}\times 100 = 32.\overline{142857} \approx 32.14\%

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A corporate bond has a coupon rate of 5.5 percent, a $1,000 face value, and matures three years from today. The corporation is i
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Answer:

= \frac{\frac{75}{100}\times 1000 + \frac{25}{100} \times \frac{60}{100}\times 1000  }{(1+\frac{15}{100})^3 }

=\frac{0.75\times 1000 + 0.25\times 0.60 \times 1000}{(1+0.15)^3}

=\frac{750+0.25\times 0.60\times 1000}{1.15^3} \\\\=\frac{750+150}{1.520875} =\frac{900}{1.520875} \\\\=591.76

Step-by-step explanation:

= (probability of entire face value paid*face value+probability of entire face value not paid*percent of face value paid*face value)/(1+discount rate)^years to maturity

probability of entire face value paid = 75%

face value = 1000

probability of entire face value not paid = 25%

percent of face value paid= 60%

discount rate = 15%

years to maturity  = 3

= \frac{\frac{75}{100}\times 1000 + \frac{25}{100} \times \frac{60}{100}\times 1000  }{(1+\frac{15}{100})^3 }

=\frac{0.75\times 1000 + 0.25\times 0.60 \times 1000}{(1+0.15)^3}

=\frac{750+0.25\times 0.60\times 1000}{1.15^3} \\\\=\frac{750+150}{1.520875} =\frac{900}{1.520875} \\\\=591.76

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