If Renfro Rentals has issued bonds that have an 8% coupon rate, payable semiannually. The price of the bonds is: $1,039.11.
<h3>Price of the bonds</h3>
We would be making use of financial calculator to find or determine the price of the bonds (Present value) by inputting the below data:
N represent Number of years = 12 x 2 = 24
I represent Interest rate= 7.5 % / 2 =3.75 %
PMT represent Periodic payment= (8% x 1000) / 2 = $40
FV represent Future value= $1,000
PV represent Present value=?
Hence;
PV (Present value) = $1,039.11
Therefore if Renfro Rentals has issued bonds that have an 8% coupon rate ,payable semiannually. The price of the bonds is: $1,039.11.
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Ms.McKeart will make 6 cards.
The equation was 12x4=48. Then divide 48÷8 which equals 6.
Option C
Step-by-step explanation:
Given,
To find the factors.
Formula:
Now,
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Answer:
Approximately 6.5 miles
Step-by-step explanation:
If the marathon runners ran 26 miles in 4 hours, you would have to divide 26 by 4 since it's asking how many miles per 1 hour they ran.
Answer:
V = 38.47 in^3
Step-by-step explanation:
The container base radius is half the diameter, that is, 1.75 in, and the height is 12 in. The formula for the volume of a cylinder of radius r and height h is V = (1/3)(pi)(r)^2h, which in this particular case comes out to:
V = (1/3)(3.14)(1.75 in)^2*(12 in), or
V = 38.47 in^3