Answer:
124250cm, 1242.5m or 1.2425km
Step-by-step explanation:
0.6% = 6/100
6/100 = 0.006
0.006*1.25 = 0.0075
1.25km = 1250m = 125000cm
0.0075km = 7.5m = 750cm
125000 - 750 = 124250
Therefore:
The answer is 124250cm, 1242.5m or 1.2425km
Sub to oTechz :)
Answer:
When you deposit money in a bank, the bank usually pays you for the use of your money. When you take out a loan from a bank, you have to pay the bank for the use of their money. In both cases, the money paid is called the interest. It is usually expressed as a percent. Here we shall look at a formula for simple interest.
Answer:



Step-by-step explanation:
= (probability of entire face value paid*face value+probability of entire face value not paid*percent of face value paid*face value)/(1+discount rate)^years to maturity
probability of entire face value paid = 75%
face value = 1000
probability of entire face value not paid = 25%
percent of face value paid= 60%
discount rate = 15%
years to maturity = 3


