Answer:
APR = 0.356%
Explanation:
PV = Present Value of the annuity = $70,000
PMT = Annuity payment at the end of each period = $380 per month
N = Number of periods = 25 years x 12 months = 300 Months
FV = Future Value of the annuity = 0
I = APR or the interest rate = ?? We have to calculate this.
We shall use a financial calculator to compute the value of I.
https://www.calculator.net/finance-calculator.html?ctype=returnrate&ctargetamountv=0&cyearsv=300&cstartingprinciplev=-70000&cinterestratev=6&ccontributeamountv=380&ciadditionat1=end&printit=0&x=93&y=13
APR = 0.356%
Answer:
1
Explanation:
When the yield to maturity is greater than the coupon rate, the bond is selling at a discount.
When the yield to maturity is less than the coupon rate, the bond is selling at a premium.
When the yield to maturity is equal to the coupon rate, the bond is selling at par.
Answer:
see below
Explanation:
Fixed capital refers to the durable assets required to start and maintain business operations. They are long-term investments such as equipment, plants and machinery that are used repeatedly over a long time to produce goods and services. The term fixed implies that these assets are not consumed or get diminished in the production process.
Fixed capital comprises tangible assets that are not meant for sale in the current period. They have a useful life of several years, necessitating depreciation techniques to be applied.
Answer:
amount invested at rate 3 % is $20000
and amount invested at rate 2.75 % is $80000
Explanation:
given data
interest = 3%
four times = 2.75%
total annual income from interest = $2800.
solution
we consider here part of money p1 = x
rate r1 = 3%
and
4 time money p2 = 4x
rate r2 = 2.75 %
so we apply interest formula that is
interest = Principal×Rate×Time
2800 = { x × 0.03 × 1 } + { 4x × 0.0275 × 1 }
solve it we get
x = 20,000
and
and 4x will be = 4 × 20,000 = 80,000
so here
amount invested at rate 3 % is $20000
and amount invested at rate 2.75 % is $80000
And example of a chemical change would be mixing carbon and oxygen or two chemicals together and getting a reaction. Or the reaction of paper burning in the fire
