Answer:
$72,100
Step-by-step explanation:
To calculate the total principal+interest payment, you can use the formula to find the future value:
FV=PV(1+i)^n
FV= Future value
PV= Present value= $58,200
i= Interest rate= 7.40%
n= Number of periods of time= 3 years
Now, you can replace the values on the formula:
FV=58,200*(1+0.0740)^3
FV=58,200*(1.0740)^3
FV=72,100
According to this, the answer is that the total principal + interest payment will be $72,100.
5 2/5 would be converted to 5 6/15. you would then subtract the numerators and the whole numbers, giving you 3 5/15, which simplifies to 3 1/5
The amount I would receive for the bond when I sell it at the yield to maturity is $810.41.
<h3>How much would I receive for the bond?</h3>
In order to determine the amount I would receive for the bond, the present value of the bond has to be determined. Present value is the discounted cash flow.
Present value = $10000 / (1.0619)^3.5 = $810.41
To learn more about present value, please check: brainly.com/question/26537392
Answer:
mean age of women
(x+y+z)/3=27
mean age of men
(x1+x2+x3+x4+x5+x6)/6=34
mean age of all people in the office
x+y+z=27*3=81
x1+...x6=34*6=204
so
mean age( x+y+z+x1+x2+..x6)/(3+6)=(27*3+34*6)/9
=(81+204)/9=285/9=32 approximately
