Answer:
Step-by-step explanation:
I dont know which b and c you are talking about, so...
3) b) 8, c) 19
4) b) 10, c) 16
Hope its helps u
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Answer:
I'm pretty sure the answer is -a²b and 5a²b
Step-by-step explanation:
You are given a bond interest of 6% that was given on January 1, 2016, with a face value of $600,000. Also, the market yield for bonds of similar risk, that <span>the market yield for bonds of similar risk and maturity was 7% and </span>the interest is paid semiannually on June 30 and December 31. You are to find the bond value on January 1, 2016. In here, because the yield of the market is above 6%, the bonds will have a discount for bonds less than $600,000.
Cash interest
= 0.06 * $600,000 * 6/12 (because it is done semiannually)
= $18,000
7%/2 = 3.5%
PV of interest at 3.5%
= $18,000 * 6.87396
= $123,731
PV of face at 3.5%
= $600,000 * 0.75941
= $455,646
Value of bond
= PV on interest + PV of face
= $123,731 + $455,646
= $579,377
The answer is just 24.3 miles.
The questions asked "How long was the ride from Kiley's house to the airport?"
The first sentence of the problem reads "They drove 24.3 miles from their house to the airport in an hour". The rest of the information isn't necessary to find this answer.