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Vesnalui [34]
3 years ago
11

Skylar Company issued $50,000,000 of its 10% bonds at par on January 1, 2019. On December 31, 2019, the bonds were trading on th

e bond exchange at 102.5. Since the issue date, what has happened to the market rate of interest?
Business
1 answer:
sergeinik [125]3 years ago
5 0

Answer:

500,000

explanation of the answers

by using the formula of simple interest

which is principal x rate x time divided by 100.

Ans=50,000,000 x 10 x 1 then ➗ by 100

which Ans=500,000

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WHOEVER ANSWERS THIS IN 2 MINS GETS BRAINLIEST!!
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Answer:

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4 years ago
Joey bought a dozen oranges for $3. 50 and several bananas for $0. 25 each at the grocery store. Joey spent a total of $5. 75 on
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The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

  • Let the number of bananas be B.

<u>Given the following data:</u>

  • A dozen oranges = $3. 50
  • Bananas = $0. 25
  • Total cost = $5.75

<u>Note:</u> A dozen oranges is equal to 12 oranges.

To determine the number line that best represents the number of bananas Joey purchased:

First of all, we would calculate the number of bananas that Joey purchased:

3.50 +0.25B =5.75\\\\0.25B =5.75-3.50\\\\0.25B =2.25\\\\B=\frac{2.25}{0.25}

B = 9 bananas.

<u>For the </u><u>number line</u><u>:</u>

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

Read more: brainly.com/question/13553589

6 0
3 years ago
Exhibit 5-2 price and quantity demanded data price quantity demanded 5 20 4 25 3 30 2 35 1 40 using exhibit 5-2, what is the pri
Yuki888 [10]

Answer:

The price elasticity of demand is -5

Explanation:

Elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Using mid point method

Change in Demand = $20 - $25

Change in Demand = -$5

Change in price  = $5 - $4

Change in price  = $1

As we know

Elasticity of Demand = Change in demand / Change in price

Elasticity of Demand = -$5 / $1

Elasticity of Demand = -5

4 0
4 years ago
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