Step-by-step explanation:
here's the solution: -
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Answer:
A
Step-by-step explanation:
So to start, Mia has an account that is overdrawn by $52.65 so her account is negative 52.65. She then adds 135.50 and used 24.30 so you would add 135.50 and 24.30 respectively. This would be (-52.65) + (132.50) - (24.30). This then would get you $58.55
The slope of the first equation has a slope of one and a y intercept of -4. The second equation has a y intercept of -2.3333 as seen when plugging in 0 for x, so the same y-intercept and same line are out of the question. This means either they have the same slope and thus are parallel or intersect at some point. A simple way to find out? Plug in 1 for x on the second. If it isn't -1.33333, which is a slope of positive 1 such as in the first equation, they WILL INTERSECT somewhere. When plugging in 1, we get
3y - 1 = -7
3y = -6
y = -2
(1, -2) is the next point after (0, -2.3333)
That means it is most certainly not the same slope, and thus they will intersect at some point. The two slopes are 1/1 and 1/3 if you weren't aware.
Answer:
YTM = 5.45%
Step-by-step explanation:
Here, we are interested in calculating the yield to maturity.
Mathematically;
Annual coupon=1000*4.3%=43
YTM=[Annual coupon+(Face value-Present value)/time to maturity]/(Face value+Present value)/2
=[43+(1000-870)/18]/(1000+870)2
=5.45%
