Answer is 430622 as simplified
Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
Answer:
d = 16
Step-by-step explanation:
15 = d-1
Add 1 to each side
15 +1 =d-1+1
16 =d
Answer:
72 trips
Step-by-step explanation:
<em>Hey there!</em>
Well to find the amount of trips the ferry will need to take we'll do,
2232 ÷ 31 = 72
72 trips
<em>Hope this helps :)</em>
