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:
t = 5 years
Step-by-step explanation:
I = $ 2000
P = $ 5000
r = 8%

Answer:
What is the equation?
Step-by-step explanation:
Answer:
100 people
Step-by-step explanation:
if u notice the points are (2,6) and (6,18). 6÷2=3 and 18÷6=3, so if you catch this pattern than you can do 300÷3=100