A $1,000 TR Global bond at 80.5 pays 6% interest. Find the annual yield.
1 answer:
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Answer:
Step-by-step explanation:
Solving (47):
To solve for B, we have:
--- sum of angles in a triangle
This gives
Collect like terms
Solving (48):
To solve for Y, we have:
--- sum of angles in a triangle
This gives
Where
-- angle on a straight line
Solve for X
So, we have:
Since you are trying to figure out how many miles she can drive in 1 hour and you already have half of that hour, all you would need to do is double that number.
× 
= 
Now, all you would need to do is simplify the answer.
= 1 
or 1.6
The answer would be, Suzy can drive 1 or 1.6 miles in 1 hour.
I hope this helps!
Now, all you would need to do is simplify the answer.
The answer would be, Suzy can drive 1
I hope this helps!