Since 3:00 a.m is three hours after midnight, the variable h in the function would be three.
T(h) = -15 + 3h step 1 - write the equation
T(3) = -15 + 3(3) step 2 - plug in h, which is three
T(3) = -15 + 9 step 3 - simplify the expression
T(3) = -6
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You earn 12% on the $5000 par value (face value) of the bond. So 0.12*5000 = 600 is the annual coupon payment. You earn $600 each year
This income is divided by the amount you paid to get
600/4750 = 0.1263 which converts to 12.63%
So the answer is choice 2) 12.63%
Answer:yes
Step-by-step explanation:
