Answer:
$5084745.76271
Step-by-step explanation:
Given data
Final amount= $6000000
Rate=6%
Time= 3 years
Now let us find the initial amount which is the principal
using the simple interest formula we have
6000000 = P(1+0.06*3)
6000000 =P(1+0.18)
6000000 =P*1.18
P= 6000000 /1.18
P=$5084745.76271
Hence the initial deposite is $5084745.76271
I think it’s D, sorry if I’m wrong.
X ^2 +6x+ 5
(x+2)(x+3)
2 + 3 = 5
While also 2•3= 6
The two numbers have to equal b when multiplied and c when added
Answer:
82
Step-by-step explanation:
49 - 3 + 9 times 8 divided by 2
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
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