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1 answer:
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Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
Answer:
f(n) = 2n - 3 describes the arithmetic sequence,
-1, 1, 3, 5, 7, 9, 11, 13,.......
Step-by-step explanation:
Function:
A function is like a machine that gives an output for a given input.
A function has an independent variable which is called the input of the function.
The output for a given input is called the dependent variable.
Here. 'n' is the independent variable
f(n) is the function dependent variable i.e function of n as an output.
For Arithmetic sequence
Where
= nth number of the sequence.
a₁ = First term
d = common difference = a₂ - a₁ = a₃ - a₂ = so on
For a function which describes Arithmetic sequence,
a₁ = -1
d = 1 - -1 =2
∴ f(n) = a₁ + (n -1 )d
substituting the values we get
∴ f(n) = -1 +(n-1)2
using distributive property
∴ f(n) = - 1 + 2n - 2
∴ f(n) = 2n - 3 ..........is the required function