1.82 x 10^-6
When it is a negative number, you move the decimal to the left.
0.00000182
I can help you if you want.
Answer:
- a
- d
- a
- c
- a
- b
- a
- b
- c
- a
Step-by-step explanation:
Answer:
Nominal interest rate is = 9% converible quaterly
we need to find monthy effective interest rate
0.09
i = 0.00744 or 0.75% approximately
i can also be taken as = 0.09/12
now PV of annuity will be the market price i.e x
6 60 *2 ---------------------a
Multiply equation by \frac{1}{1+i} both sides
6 60 2 PV ---------------b
Subtract equation b from a
60 2 PV (1 1+i (1+2)1 (1+2)2 (1+2)3 (1+2)60 (1+961
60 2 PV( 1 +i
on putting i = 0.00744
PV = 2733.88 approximately
X = 2733.88
Step-by-step explanation:
160 = 100%
56 = x%
then you would cross multiply
160x = 56(100)
160x = 5600
x =
x = 35
so
35% of 160 is 56.
