Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
Answer:
2.5 right?
Warning: Answer may be wrong. I don`t know, it`s 11 A.M so please forgive me.
Answer:
$2.50
Step-by-step explanation:
Divide 5 by 2.................
Answer:
5 1/4 miles per hour.
Explanation:
We first convert 15 3/4 to 15.75.
miles/hour
15.75/3 =5.25 miles per hour
5.25= 5 1/4
