Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
Answer:using elimination to solve for x
9x +6y = 3*134 | Multiplying 1st equation by 3
-4x -6y = -2*146 | Multiplying 2nd equation by -2
5x = 3*134 - 2*146
5x = $110
x = $22, the cost of the youth ticket
Step-by-step explanation:This question Sets Up two equations with 2 unknowns
Let x and y represent the cost of the youth and adult ticket respectively
Question states***
3x + 2y = $134
2x + 3y = $146
9x^2-16y^2=
(3x+4y)(3x-4y)
1 peso = 0.053 dollars.
x pesos = 400 US dollars.
1/x = 0.053 / 400 Cross multiply
400 * 1 = 0.053 x Divide by 0.053
400/0.053 = 0.053*x / 0.053
7547.17 pesos which rounded is
Answer: 7547 pesos
<span>93 * 10^9 = 9.3 * 10^10
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