You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 pe

Question

Vesnalui [34]

4 years ago

15

You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 pe

r bond. What is the cost of the purchasing these bonds?

Mathematics

2 answers:

Sunny_sXe [5.5K] · Answer 1 · 2021-12-09T16:00:36+03:00

$98.20*36 = $3535.2

Finance charge is how much interest you pay (Total amount you pay - price of the computer): (6%$2200 + 24$100) - $2200 = $2532 - $2200 = $332

total amount you end up paying
$225,000*10% = $22,500

Price of house * 15% = $36,782.12 -> price of house = $36,782.12/15% = $245,214.13

shares(Price you sell at - price you buy at) = 115($85.32(1-3.8%) - $62.32(1+3.8%) ) = 115*(82.078 - 64.69) = $1999.81 (this is assuming you pay the commission for both buying and selling)

<span>6*($103 + $5) = $648</span>

krek1111 [17] · Answer 2 · 2021-12-09T17:45:57+03:00

krek1111 [17]4 years ago

6 0

Hello there.
<span>
You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 per bond. What is the cost of the purchasing these bonds?
</span>
$648