Answer:
None of these choices are correct.
Step-by-step explanation:
If a bond is quoted at 99.875, it means that it is sold at 99.875% of the face value;
Face value = 1000
Therefore, Price = 0.99875 * 1000
Price = $998.75
If Leona pays 5.5% of the selling price, it means that she is paying additional cost which will make the total cost more than the quoted price;
5.5% of 998.75 is;
0.055*998.75 = $54.93
The total cost = $998.75 +$54.93
= $1053.68
Therefore, none of the given choices is correct.
Depends on what the measurement is.
Answer:
2x + 4y = 14 = x= −2y+7
3x - 4y = -39= x= 4=3
y−13
Step-by-step explanation:
Answer:
0.67
Step-by-step explanation:
To solve this we are going to use this lovely equation
P%•X=Y
Y is our end product
X in this case is 45
and P% is our percent
Now let's multiply 4% which becomes .004 by 45 and we get 1.8 which since there isn't 1.8 in American currency that becomes $1.80
We do the same process with the 2.5
0.025•45=1.125
Again not in the American currency so we will round 5 up and now we have $1.13
Now we subtract 1.80-1.13 which gets us 0.67 cents.
Hope I was helpful,
Your friendly neighborhood struggling student
Toodles
