Answer:
Bond Price= 1,892.73
Step-by-step explanation:
Giving the following information:
Par value= 1,600
Cuopon= 1,600*0.045= 72
YTM= 3.2%
Number of years (n)= 19
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 72*{[1 - (1.032^-19)] / 0.032} + [1,600 / (1.032^19)]
Bond Price= 1,013.29 + 879.44
Bond Price= 1,892.73
Answer:
7 inches
Step-by-step explanation:
First you have to find the average height of each class.
4th Grade:
56, 47, 54, 51, 53, 58, 48, 54, 46, 53
Then you have add it all up and divide it by how many students there are.
56 + 47 + 54 + 51 + 53 + 58 + 48 + 54 + 46 + 53 = 520
520 ➗10= 52
Same process for the 7th Grade.
You end up getting 52 and 59. You then Subtract it to get the answer to the question.
52 - 59= 7 inches
Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r)^(-n))÷r]
So we need to solve for pmt (the amount of the annual withdrawals)
PMT=pv÷ [(1-(1+r)^(-n))÷r]
Pv present value 65000
R interest rate 0.055
N time 10 years
PMT=65,000÷((1−(1+0.055)^(
−10))÷(0.055))
=8,623.40....answer
Hope it helps
Answer:
2.5 < 3.5, 3.5 – 2.5 = 1.
C street is shorter by 1 mile
