<span>Tip and Sales tax cause a restaurant bill to____.
a. increase
When estimating using money for a purchase, you should_____.
c. estimate up to the nearest dollar or half dollar
You purchase a piece of cake for $3.49. What would be a good estimation for just purchasing the cake?
b. 3.50
Your total restaurant bill for food, drinks, and tip is $37.40. What is a good estimate cost for just the food and drinks?
c. 36.00
</span>
It’s 1.
Explanation: you need to find the greatest factor that works out for them both. You can cross out 4 and 8 because no other whole number can be multiplied to get 15, and it’s not 3 since you can’t multiply it with a whole number to get 64. 1 works for them both.
Here is all the work and answers for these questions they are all correct i checked them all and ive done this assignmnet before
The cost of the bond was 90/100 times $5,000, that is, $4,500 total.
<span>The annual interest is 5% of $5,000, that is, $250. </span>
<span>The current yield is 5% divided by (90/100), that is 5.555%; round to 5.6% as instructed. </span>
<span>The yield that real bond buyers would be more interested in is the yield to maturity, but this cannot be calculated without knowing the term (number of years). If it's a short term bond that will pay you back $5,000 in just a few years, that would add several percent to the yield, but if it's a 15-year bond the growth of the $4,500 to $5,000 adds only a fraction of 1% to the yield.</span>
