Answer:
60
Step-by-step explanation:
if it went down one more it would be 30
Answer:
275 - 11=264
Step-by-step explanation:
7/33 as a decimal is <span>0.21212121212</span>
Answer:
Calculate the Macaulay duration of Annuity B at the time of purchase is 1.369.
Step-by-step explanation:
First, we use 0.93 to calculate the v which equals 1/(1+i).
= 0.93
After rearranging the equation, we get 1.07
+ 0.07v - 0.93=0
So, v=0.9
Mac D: 
After substituting the value of v, we get Mac D = 1.369.