To find the discount, multiply 60 by .2, which is 12. Now subtract 12 from 60. The trousers should cost $48 now because the cost has been reduced by 20% of 60, which is $12.

7 0

3 years ago

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Leechtown Co. has 4.3% coupon bonds on the market with 18 years left to maturity. The bonds make annual payments. If the bond cu

oksian1 [2.3K]

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%

6 0

3 years ago

A hydraulic engineer is studying the pressure in a particular fluid. The pressure is equal to the atmospheric pressure 101 kN/m

miskamm [114]

Answer:

Step-by-step explanation:

The pressure is equal to the atmospheric pressure 101 kN/m plus 8 kN/m for every meter below the surface, therefore;

a. expression for pressure is given by,

$Pressure = 101 + 8d$ ............................... (1)

where d = depth below the surface in meter.

b. to find the depth at any pressure, equation (1) above is rearranged to make depth (d) subject of the formula

$d = \frac{Pressure - 101}{8}$

as an example, to find depth at pressure of 200N/m

d = (200 - 101)/8 = 12.375 meters

depth is 12.375 meters below the surface.

6 0

3 years ago