Zero coupon bonds do not earn interest. It is usually sold at a big discount and its redeemable value if beyond its face value will only be redeemed once it reaches maturity.
TIPS stands for Treasury Inflation Protected Securities.
TIPS:
2,500 x 2% x 5 years = 250
2,500 + 250 = 2,750
Zero coupon bond after 5 years: 2,500
Maximum real value of his bonds if he sells them today.
2,750 + 2,500 = 5,250
Answer:
672.
Step-by-step explanation:
First find the prime factors:
112 = 2*2*2*2*7
96 = 2*2*2*2*2*3
There are 4 pairs of duplicate 2 's in the factors, so the LCM = 2*2*2*2*2*3*7
= 672 (answer).
Note: the duplicates only appear once in the calculation of the LCM.
Hi there!
The answer is C.
14 × 32 = (4 × 32) + (10 × 32) = 128 + 320 = 448
In the first step we splitted 14 up into two different parts that are easily multipliable. These two parts are 4 and 10. She must multiply 32 first by 4 and then we must multiply 32 by 10. This way we multiplied it a total of 14 times, just as we should.
14 × 32 = (4 × 32) + (10 × 32)
Add 6/13 to both sides. T= 11/13