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kozerog [31]
2 years ago
9

Timothy periodically purchases bonds issued by Prince Waste Collection. Last year, he bought two bonds in February, two bonds in

June, and one bond in August, then sold them all in October. Prince Waste Collection bonds were selling at 94.593 in February, 92.661 in June, 105.480 in August, and 102.882 in October. If each bond that Timothy bought had a par value of $1,000, how much profit did he make from buying and selling these bonds? a. $15.91 b. $34.42 c. $159.12 d. $344.22
Mathematics
2 answers:
sasho [114]2 years ago
7 0

Answer:

d. $344.22

Step-by-step explanation:

Timothy invested:

in February: 2 x $1,000 x 94.593% = $1,891.86

in June: 2 x $1,000 x 92.661% = $1,853.22

in August: $1,000 x 105.48% = $1,054.80

total investment = $4,799.88

he sold the 5 bonds in October at 102.882 each, so he received 5 x $1,000 x 102.882% = $5,144.10

his total profit = $5,144.10 - $4,799.88 = $344.22

anastassius [24]2 years ago
3 0

Answer:

D

Step-by-step explanation:

Took test

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A drink is made by mixing pineapple juice , orange juice and line juice in the ratio 2:7:3 Sally makes 600ml of the drink
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Sally has 600 ml of drink
Karen has 600 ml of lime juice

When it is mixed at a ratio of 2:7:3 . . .pineapple:orange:lime (respectively) . . this means . . . there are a total of 2 + 7 + 3 parts = 12 parts . . and each part individually is as follows:

pineapple = 2/12
orange = 7/12
lime = 3/12

Sally has 12 parts = 600 ml of drink
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We know Karen has 600 ml of lime juice and if that is 3/12 of the total, then 600*12/3 = the total drink = 2400 ml of drink

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Thus . . . (for Karen) . . .
<u><em>A = 2400 ml of drink</em></u>
<u><em>B = 400 ml of orange juice</em></u>
<u><em>C = 1400 ml of pineapple juice</em></u>




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Read 2 more answers
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