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swat32
3 years ago
8

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

%. The call premium is 9% what is the net cost of the call premium after taxes?
Mathematics
1 answer:
Alik [6]3 years ago
5 0
The net cost of call premium can be calculated considering the total amount after taxes deductions times the percentage of the call premium.

Writing the percentage as a decimal number, we get:

10000000 × (1 - 0.35) × 0.09 = 585000

The <span>net cost of the call premium after taxes is 585000$.</span>

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Joel biked 9 miles east and 12 miles north. If he biked back to his starting point using the most direct route, how many miles w
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Answer:

36 Miles

Step-by-step explanation: 15 + 9 + 12 = 36 miles

6 0
3 years ago
Read 2 more answers
In a certain clothing store,6 shirts and 3 ties cost $79.50 ,and 3 shirts and 2 ties cost $41. determine the cost of each shirt.
Komok [63]

Answer:

Each shirt cost $12

Step-by-step explanation:

First, we have to interpret this question and turn each to an equation, letting shirts represent the letter s and ties represent the letter t.

6 shirts and 3 ties cost $79.50 would be interpreted to 6s+3t=79.5 ,and 3 shirts and 2 ties cost $41 would be interpreted to 3s+2t=41

Hence we have two equations, and we solve them simultaneously.

6s+3t=79.5 (Equation 1)

3s+2t=41 (Equation 2)

We can either use the substitution method or the elimination method but for the sake of this question, we use the Elimination method.

6s+3t=79.5 (Equation 1)

3s+2t=41 (Equation 2)

We multiply equation 1 by 2 and we multiply equation 2 by 3, I'm prefer to eliminate the

2(6s+3t=79.5)

12s+6t=159 Equation 3

3(3s+2t=41)

9s+6t=123 Equation 4

We subtract equation 4 from equation 3.

12s+6t=159

9s+6t=123

12s-9s=3s

6t-6t=0

159-123=36

We therefore have

3s=36

Divide both sides by 3

s=36/3

s=12

One shirt cost $12

3 0
3 years ago
Use function notation to write a recursive formula to represent the sequence: 3, 6, 9, …
dlinn [17]

Answer:

f(n) = f(n - 1) + 3

Step-by-step explanation:

Substitute $ n = 1, 2, 3,.. $ to get the recursive formula.

OPTION 1: f(n) = f(n - 1) + 3

Substituting n = 1.

f(1) = f(1 - 1) + 3 = 0 + 3 = 3.

Substituting n = 2.

f(2) = f(2 - 1) + 3 = f(1) + 3 = 3 + 3 = 6.

Substituting n = 3.

f(3) = f(3 - 1) + 3 = f(2) + 3 = 6 + 3 = 9.

The numbers match the given sequence. So, we say the above recursive formula represents the sequence.

OPTION 2: f(n) = f(n - 1) + 2

Substituting n = 1

f(1) = f(0) +  2 $ \ne $ 3.

So, this is eliminated.

Similarly, OPTION 3 and OPTION 4 can be eliminated as well.

4 0
3 years ago
Hola hoy la estoy pasando genial,y ustedes :3​
ExtremeBDS [4]

Answer:  

¡Estoy teniendo un buen día!

8 0
2 years ago
Read 2 more answers
A bag contains white marbles and red marbles, 90 in total. The number of white marbles is 6 less than 5 times the number of red
Gelneren [198K]

Answer:

W = 72

Step by step explanation:

White = W

Red = R

W + R = 90

Write an equation

W = 5R - 6

Substitute

5R - 6 = 90

Add 6 to both sides of the equation

5R = 90

Simplify

90 ÷ 5 = 18

R = 18

90 - 18 = W

W = 72

Hope this was useful to you!

8 0
3 years ago
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