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REY [17]
3 years ago
12

What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 6 years if the appropriate disco

unt rate is 4%.
Mathematics
1 answer:
Zolol [24]3 years ago
5 0

Answer:4

Step-by-step explanation:

A zero-coupon bond  doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.

To figure the price you should pay for a zero-coupon bond, you'll follow these steps:

Divide your required rate of return by 100 to convert it to a decimal.

Add 1 to the required rate of return as a decimal.

Raise the result to the power of the number of years until the bond matures.

Divide the face value of the bond to calculate the price to pay for the zero-coupon bond to achieve your desired rate of return.

First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.

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Anne Katz, owner of Katz Sport Shop, loans $8,000 to Shelley Slater to help her open an art shop. Shelley plans to repay Anne at
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A= P(1 + r/n) ^nt
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7 0
3 years ago
Find the area of the regular polygon. Round to the nearest tenth.
mojhsa [17]

Given:

Side length = 12 in

To find:

The area of the regular polygon.

Solution:

Number of sides (n) = 6

Let us find the apothem using formula:

$a=\frac{s}{2 \tan \left(\frac{180^\circ}{n}\right)}

where s is side length and n is number of sides.

$a=\frac{12}{2 \tan \left(\frac{180^\circ}{6}\right)}

$a=\frac{6}{ \tan (30^\circ)}

$a=\frac{6}{ \frac{1}{\sqrt{3} }}

$a=6\sqrt{3}

Area of the regular polygon:

$A=\frac{1}{2}(\text { Perimeter })(\text { apothem })$

$A=\frac{1}{2}(6 \times 12)(6\sqrt{3} )

$A=\frac{1}{2}(72)(6\sqrt{3} )

A=216 \sqrt{3}

A=374.1 in²

The area of the regular polygon is 374.1 in².

4 0
4 years ago
Choose the correct simplification of x to the 12th power times z to the 11th power all over x to the 2nd power times z to the 4t
Umnica [9.8K]

Answer:

<h3>The option A) x^{10}z^7 is correct answer.</h3><h3>The correct simplification for the given expression \frac{x^{12}\times z^{11}}{x^2\times z^4} is x^{10}z^7</h3>

Step-by-step explanation:

Given expression is x to the 12th power times z to the 11th power all over x to the 2nd power times z to the 4th power.

The given expression can be written as \frac{x^{12}\times z^{11}}{x^2\times z^4}

<h3>To choose the correct simplification of the given expression :</h3>

Now we have to simplify the given expression as below

\frac{x^{12}\times z^{11}}{x^2\times z^4}

=x^{12}\times z^{11}(x^{-2}\times z^{-4})   ( by using the identity \frac{1}{a^m}=a^{-m} )

=(x^{12}.x^{-2})\times (z^{11}.z^{-4})

=x^{12-2}\times z^{11-4} ( by using the identity a^m.a^n=a^{m+n} )

=x^{10}\times z^7

=x^{10}z^7

∴ \frac{x^{12}\times z^{11}}{x^2\times z^4}=x^{10}z^7

<h3>The correct simplification for the given expression \frac{x^{12}\times z^{11}}{x^2\times z^4} is x^{10}z^7</h3><h3>Hence option A) x^{10}z^7 is correct answer.</h3>

4 0
4 years ago
Three (3) is a common factor of 21 and 22.<br> O A. True<br> B. False<br> SUBMIT
Svetradugi [14.3K]

Answer:

false.

Step-by-step explanation:

Factors for 21: 1, 3, 7, and 21. Factors for 22: 1, 2, 11, and 22.

7 0
2 years ago
Read 2 more answers
Can somebody tell me how too simplify this expression 3(5*+2)
Pie

Answer:

15+6

Step-by-step explanation:

You would need to multiply 3*5 then 3*2 and then put 15+6

6 0
3 years ago
Read 2 more answers
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