Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
Answer:
It is the last answer.
Step-by-step explanation:
If you graph this, there will be no point more negative than (-4/3, -5).
This means the x and y values must be greater than or equal to these values, as the fourth answer will show.
If you choose 10 swimmers and 4 are Stingrays, you can say that Stingrays make up roughly 40% of the swimmers. If 20 Stingrays make up 40% of all the swimmers, we just have to find what number 20 is 40% of. That’s easy enough by cross multiplication:
20/x = 40/100
20/x = 4/10
20/x = 2/5
x = 50.
Double check by multiplying 50 * 0.4. Since 50 * 0.4 = 20, we know we have the right answer. There are about 50 swimmers on this team.