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siniylev [52]
3 years ago
11

Amy purchased a five-year $5,250 bond below par value for $4,675 with a coupon of 3.5%. What was her yield?

Mathematics
1 answer:
Aleksandr [31]3 years ago
5 0

Answer:

3.9%

Step-by-step explanation:

All I know is I got it wrong from the other answer, and it says 3.9% is the right answer.

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Jean bought a $1,980 snow thrower on the installment plan. The installment agreement included a 10% down payment and 18 monthly
Effectus [21]

<u>Solution-</u>

The price of the snow thrower = $1980

He must pay a 10% down-payment and the rest at a $116 monthly payment for 18 months.

<u>A. How much is the down payment</u>

Down payment amount is, 10% of $1980, i.e

=1980\times \dfrac{10}{100}=\dfrac{1980}{10}=\$198

<u>B. What is the total amount of the monthly payments</u>

A monthly payment of $116 for 18 months, i.e

=116\times 18=\$2088

<u>C. How much did Jean pay for the snow thrower on the installment plan</u>

It is the sum of down-payment and total monthly payments, i.e

=198+2088=\$2286

<u>D. What is the total finance charge</u>

It the difference between the original price and the amount paid by Jean, i.e

=2286-1980=\$306

<u> E. If Jean models her payment plan as an arithmetic sequence, give the first term a1 and the common ratio d</u>

As he paid the down-payment of $198 and then a constant monthly payment of $116, so

The first term = 198

common difference = 116

The A.P. series will be, 198, 314, 430, 546, 662,.................., 2286

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3 years ago
Drag equations to each row to show why the equation of a straight line is y = 3x, where 3 is the slope.
a_sh-v [17]

y/x = 3/1   Triangle 1 is similar to triangle 3

y = 3 x     Multiply each side by x

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This should be correct I am sorry if it is not.
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The museum is 4 blocks east and 10 blocks south
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PLS ANSWER QUICK LOL
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(3j, 3k) and (3/j, 3k)

So if their x values have the same signs and their y values have the same signs, they are in the same quadrant.

If j is negative, both 3j and 3/j would be negative. If j is positive then both 3j and 3/j are positive.

And 3k is the same as 3k.


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3 years ago
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