The answer is 0.167 but if u need it in a reduced fraction it is 1/15
Answer:
$1,408.21.
Step-by-step explanation:
Since it is compounded annually we could use the formula
A=Pe^rt
We know that the initial amount she deposits is $1200, as stated by the problem. That is our P.
e is well, the e in your calculator which is approximately: 2.7182818284590452353602874713527
r is the rate which is 8%, although you must convert this into a decimal, which would be 0.08 as your r.
Lastly, t is the time, so in this case, 2 years.
And then plug in the values.
A=1200(e)^(0.08)(2)
A=1200(e)^(0.16)
A=1200(1.173510870991810235018611086892)
A=1,408.2130451901722820223333042704
Now since it is a money problem we must put it in the correct format.
A=$1,408.21
Answer:
The yield is 5.974%
Step-by-step explanation:
We proceed as follows ;
coupon rate = Annual coupon payment/bond face value.
The face value is the original amount which the bond was bought and that is $515 according to the question. While the coupon rate is 5.8%
mathematically, annual coupon payment = coupon rate * bond face value = 0.058 * 515 = $29.87
mathematically;
current yield = Annual coupon payment/bond price
current yield = 29.87/500
= 0.05974 or simply 5.974%
so the answer is c. 5.6%
Step-by-step explanation:
Answer:
The sum of the interior angle measures of a triangle
is 180°. You can find the sum of the interior angle
measures of any n-gon, where n represents the
number of sides of the polygon, by multiplying
(n - 2) 180°. In a polygon, an exterior angle forms a
linear pair with its adjacent interior angle, so the
sum of their measures is 180°. In a triangle, the
measure of an exterior angle is equal to the sum of
the measures of its two remote interior angles.
Step-by-step explanation:
