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
1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
Answer:
y = 2
Step-by-step explanation:
Given
y + (4 - 2y) = 2 ← remove parenthesis on left side
y + 4 - 2y = 2, that is
- y + 4 = 2 ( subtract 4 from both sides )
- y = - 2 ( multiply both sides by - 1 )
y = 2
Answer:
HERE IS THE ANSWER HOPE IT HELPS
Step-by-step explanation:
Brainliest?
Use math papa
Answer:
4 to 7 is pretty much 4 divided by 7 which = 4/7 and 7/4 is 1 3/4. which is obviously greater. So they both equal different answers.