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Solnce55 [7]
4 years ago
13

Compute the annual interest that would be earned on the following bond.

Mathematics
1 answer:
Nadusha1986 [10]4 years ago
6 0

Answer:

$85.174

Step-by-step explanation:

Data provided in the question;

Treasury bond = $2000

Interest rate = 3.7%

Quoted at 115.1 points or 1.151%

Therefore,

the price of the bond = 1.151 × $2000

or

the price of the bond = $2,302

Thus,

the annual interest = Price of the bond × rate

or

the price of the bond = $2,302 × 0.037 = $85.174

Hence, the annual interest in $85.174

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For the given graph local maximum (2.1,0.7), end behavior is positive infinity to negative infinity, local minimum (-2.7,-4.9), y interception (0,-1.5), and x interception will be at (2.1,0.7).

<h3>How to plot a graph?</h3>

A graph is a diagram that shows the fluctuation of one variable in relation to one or more other variables.

In order to plot the graph, we need to find out y's values corresponding to x's value

After that, we need to substitute the values of x's and y's into the coordinate geometry.

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