I=PRT
I=Interest
P=principal
R=rate in decimal
T=time in years
1year=12months
72months/12months=6 years
t=6
given
I=8925
P=35000
R=r
T=6
8925=35000*r*6
8925=210000*r
divide both sides by 210000
0.0425=r
the interest rate is 4.25%
Its letter A 3/20 i divided it
The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
Learn more about percentage discount here:
brainly.com/question/26178186
#SPJ4
Answer:
28
Step-by-step explanation:
7+21=28
a-7=21
Answer and Step-by-step explanation:
Distance is the numerical measurement to find the space or interval between two objects. Distance also refers to physical length. Point x to point y distance is denoted as |xy|
There are many ways to find out the distance, distance between two objects or two points. The efficient way of finding the distance between two points is given below. Mathematically, the distance between two points on a coordinate plane can be determined by using the distance formula, which is:
d =√((x2-x1)2+(y2-y1)2),
Where (x1, y1) and (x2, y2) coordinates, and d is the distance.
The middle point between these two points is known as midpoint and can find out by using the formula
Midpoint = a + b /2.
The distance between two points number line can also be calculated by using the formula:
AB =|b –a| or |a-b|.
