Six now have a good day happy face bye-bye
In the value of bonds, the symbol "M" means "thousands.
Therefore, 10 M = 10,000$
So, the customer bought a coupon with 10,000$ and the expected annual interest is 7.5% of the coupon's value.
Calculating the value of interest is simple, just multiply the interest rate (7.5%) by the original value of the coupon to know how much interest she will collect each year.
Interest collected each year = (7.5 / 100) x 1000 = 750$
Answer:
The slope is zero
Step-by-step explanation:
We can find the slope of a line given two points by using
m = (y2-y1)/(x2-x1)
= (0-0)/(10-5)
= 0/5
=0
I don’t see a problem but repost it and I can see if I know it
At the end of the year, you pay 320 dollars.Just multiply 15 by 12, and add the sum to 140. Hope this helps!
