Answer:
Step 1 = 9
Step 2 = 4
Step 3 = 25
Step-by-step explanation:
Answer: hey check this image the answer is in the image
Step-by-step explanation:
Answer:
I think that is a function
Step-by-step explanation:
The first term of the geometric sequence is 0.0061
<u>Step-by-step explanation:</u>
The general form of geometric sequence is a, ar, ar²,ar³,.......
where,
- a is the first term of the sequence.
- r is the common ratio. Here, the common ratio r = 4.
- The 8th term of the sequence is 100. Hence n = 8.
<u>The formula to find the nth term of the geometric sequence is given by :</u>
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
⇒ a = 0.0061
Therefore, the first term of the geometric sequence is 0.0061
Answer:
Bond Price= $1,070.24
Step-by-step explanation:
Giving the following information:
Cupon= $80
Number of periods= 10 years
Face value= $1,000
Interest rate= 7%
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 80*{[1 - (1.07^-10)] / 0.07} + [1,000 / (1.07^10)]
Bond Price= 561.89 + 508.35
Bond Price= $1,070.24