Buchanan corp. is refunding $10 million worth of 10% debt. the new bonds will be issued for 8%. The corporation's tax rate is 35
1 answer:
You might be interested in
Answer:
127.5
Step-by-step explanation:
The given series is 26 + 24.5 + 23 + 21.5 + ... - 17.5
The first term of this series is a=26
The common difference is d=24.5-26=-1.5
The last term of the series is -17.5
The nth term is given by:
n=30
The sum of the series: