Answer: 11.95%
Explanation:
Present value of the bond before you sold it;
FV = 1,000
N = 6
PMT = 100 = 10% * 1,000
Rate = 8%
Using excel to calculate, use the PV function;
Present value of bond = $1,092.46
Present value of bond after you sell it;
FV = 1,000
N = 5
PMT = 100 = 10% * 1,000
Rate = 7%
Present value = $1,123.01
The Annual total rate of return will be = ( New Price - Old price + Income) / Old price
= ( 1,123.01 - 1,092.46 + 100) / 1,092.46
= 11.95%
The correct answer for this question is this one: "B. You have the potential to earn less money in the future when you continue your education past college."
The return on investment (ROI) for higher education is high even thought the cost of college is increasing. So, <em>you have the potential to earn less money in the future when you continue your education past college.</em>
Hope this helps answer your question and have a nice day ahead.
I would say D makes the most sense
I am pretty sure that correct definition looks like this: A court order to compel or restrain a particular action is called writ of injunction. For example, you have a lawn, and someone deliberately spoils it every day. You can apply to the court for the injunction against this person to deny the access to your lawn for this person.
Answer:
Suppose the cost per hour incurred in operating a cruise ship is 3a + b 
dollars per hour, where a and b are positive constants and v is the ship's speed in miles per hour. At what speed (in miles per hour) should the ship be operated between two ports, at a distance D miles apart, to minimize the cost? (Hint: Minimize the cost, not the cost per hour.)
<em>The speed at which the ship would maximize cost is </em>![\sqrt[3]{\frac{3a}{2b} }](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B%5Cfrac%7B3a%7D%7B2b%7D%20%7D)
Explanation:
The problem can be solved using differentiation to get the minimum value of the speed to travel between the two ports. Step by step calculation is contained in the attached images;
