$11.34
I think you meant tenth where you said “nearest cent”, so it’s $11.30.
Answer:
$120
Explanation:
Data provided as per the given question below:-
Investment = $4,000
Coupon rate in percentage = 3%
The computation of yearly return is shown below:-
Yearly return = Investment × Coupon rate in percentage
= $4,000 × 3%
= $120
Therefore for computing the yearly return we simply investment with coupon rate in percentage.
Step-by-step explanation:
let the larger number be x and smaller number be y
according to this question
x=y+33----------(1)
y+33+5y=129----------(2)
6y+33=129
y=16
x=16+33(takimg equation (1)
x=49
That would be the last choice. Opposite meaning different sign
