Algebra is Faster And Better Than “Basic” Math
Just as multiplying two by twelve is faster than counting to 24 or adding 2 twelve times, algebra helps us solve problems more quickly and easily than we could otherwise. Algebra also opens up whole new areas of life problems, such as graphing curves that cannot be solved with only foundational math skills.
What is it you need help with?
Answer:
You can only be able to solve two variables, k and x based on what you input as your question
k= -2x+3
x= (3-k)/2
The amount I would receive for the bond when I sell it at the yield to maturity is $810.41.
<h3>How much would I receive for the bond?</h3>
In order to determine the amount I would receive for the bond, the present value of the bond has to be determined. Present value is the discounted cash flow.
Present value = $10000 / (1.0619)^3.5 = $810.41
To learn more about present value, please check: brainly.com/question/26537392
