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We are asked to simplify the expression 
.
That's exactly what we need to do - combine like terms.
So, we subtract:
Which gives us:
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Answer:
y = -5
Step-by-step explanation:
7y - 5 = 9y + 10 + y
7y - 5 = 10y + 10
3y + 10 = -5
3y = -15
y = -5
The yield on the corporate bond of a face value of $1000 is 7.77%.
What is the percentage discount?
The percentage discount is the discount given on a product as compared to the given discount on 100 rupees.
Given, the face value of the bond is $1000.
Discounted price of the bond is $900.
Therefore, the fixed interest on the bond for that period will be
= $1000 × 7/100 = $70.
Now, the yield on that corporate bond = 70 × 100/900 % = 7.77% .
Hence, the yield on the corporate bond of a face value of $1000 is 7.77%.
Learn more about percentage discount here:
brainly.com/question/26178186
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Answer:
Avery needs to pay $14.84
Step-by-step explanation:
When there's a tax we need to sum the original value of the product with the tax's value. To find the amount of money Avery needs to pay in taxes we can apply a rule of three as shown below:
Where "x" is the tax value, and $14 represents 100%, since it's the value used to calculate the tax. We have:
The value to be paid is the product value plus the tax, therefore:
Avery needs to pay $14.84
