Answer: 9 7/12
TO simplify the answer make common denominator which would be 12 so 5/6 times 2 on each 10/12 & 3/4 x3 becomes 9/12 so those make 1 7/12 add with 1 and 7
Hi there
Annual yield=annual interest÷bond cost
Annual interest=1,000×0.06=60
Bond cost=1,000×0.805=805
So
Annual yield=60÷805=0.0745×100
=7.45%
Good luck!
Answer:
The answer would be -4.
Step-by-step explanation:
This is because the product of a number and -3 must be 8 less than 20, which is 12. And -3 times -4 is 12.
