What is the cost of the bond?
When you see that a bond was purchased "at 92", this means that the bond was purchased for 92% of the face value. Sometimes the bond purchaser will pay more than the face value (purchased a number greater than 100), generally if the interest rate is higher than the market rate.
The cost of one bond, then, is 92% of 1,000, or $920.
Since there are 6 bonds, the total cost is 920 x 6 = $5520
What is the total annual interest?
The annual interest is the interest rate on the bond times the face value (not the cost of the bond).
The interest rate is 6.5%, so the annual interest on one bond is:
6.5% x 1000 = $65
6 bonds: $65 x 6 = $390
When we think of yield, we want to consider the real return on the bond. This is the annual interest earned divided by what the purchaser paid for it.
The purchaser paid $5520 for the bonds, and is earning $390.
390 ÷ 5520 = 7.06%.
Note that we can also calculate the return on one bond, rather than the total cost and interest of 6 bonds, and get the same result.
65 ÷ 920 = 7.06%
A = l²
A = 7.2²
A = 51.84
51.84 inches
Since the question is asking how many pencils the teacher will have to give out, we can automatically ignore the 46 erasers from the problem because it is not relevant. The information was most likely put there to confuse you.
Each student is getting 28 pencils, so if we multiply the number of students by 28 pencils, we will find how many pencils the teacher will need to give out.
There are 42 children in the classroom, so multiply 42 by 28.
42 * 28 = 1,176
The teacher will have to give out <u>1,176 pencils</u> to her 42 children in the classroom.
Answer:
No
Step-by-step explanation:
The sum of the lengths of any two sides of a triangle must be greater than the length of the third side.
