Answer:
Sorry I don't know. My advise take the problem step by step.
Step-by-step explanation:
Answer:
$17,940 gain.
Step-by-step explanation:
The corportation redeems the bond at 97.5.
100 - 97.5 = 2.5%
1,196,000 * 2.5% = 29,900.
29,900 - 11,960 = 17,940
$17,940 gain at redemption.
:
The area.
She is trying to find how to cover it, which would be the area of the floor.
