Answer: 360.73
Step-by-step explanation:
When you come across any question that says [a of b] is just saying a × b.
5.5% of x=5.5% × x
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Given
5.5% of x=19.84
Converted into numerical expression
5.5% × x=19.84
Divide both sides by 5.5% (0.055)
x=19.84 ÷ 5.5%
simplify
x=360.73 (rounded)
Answer:
b=5
Step-by-step explanation:
- We are going to use the basics of algebra to solve this
We need to isolate b by itself to find the value of b.
Subtract 12 from both sides
(3a) - (8a) = -5a
2b + b = 3b
-5a + 3b
Answer:
Pretax cost of debt is 5.94%
After tax cost of debt is 4.63%
Step-by-step explanation:
The pretax cost of the debt is the yield to maturity on the debt issuance,which can be computed using the rate formula in excel:
=rate(nper,pmt,-pv,fv)
nper is the number of semi-annual interest payments payable by the bond from year 3 onward ,that is the number of years to maturity 12*2=24
pmt is the semi-annual interest payable by the bond issuer which is face value of the bond ,$1000*5%/2=$25
pv is the current price of the bond which 92% of face value i.e 92%*$1000=$920
fv is the face value of the bond at $1000
=rate(24,25,-920,1000)
rate=2.97%
the rate calculated is a semi-annual rate,annual rate =2.97%*2
=5.94%
The pretax cost of debt is 5.94%
After tax cost of debt=pretax cost of debt*(1-t)
t is the tax rate of 22%
after tax cost of debt =5.94%*(1-22%)
=4.63%
<u>Answer:</u>
Carpet costs = 300£
<u>Step-by-step explanation:</u>
• First calculate the area of the floor:
Area of floor = length x width
= 5m² x 3m²
= 15m²
• As one m² of carpet costs £20, 15m² of carpet costs:
15 x 20
= 300£
