Division<span>. If two </span>powers<span> have the </span>same base<span> then we can </span>divide<span> the </span>powers<span>. When we </span>divide powers<span> we </span>subtract<span> their </span>exponents<span>. A negative </span>exponent<span> is the </span>same<span>as the reciprocal of the positive </span><span>exponent</span>
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
Answer: 45%
Step-by-step explanation: There's 9 people over the age of 14. And 9 divided by the total number, 20, gives you 0.45. 0.45 multiplied by 100 is 45.
The answer would be 34/100 or 17/50 if reduced .