Answer:12 hrs
Step-by-step explanation: $15 per hour -> $180/$15 = 12 hours
Initial investment = $775
Monthly investments = $C
Period of investment = 1 year = 12 months
Total monthly investments = Monthly amount*12 = C*12 = 12C
Total investment after 12 months = Initial investment + Total monthly investments = 775 + 12C
The yield to maturity best defined by the option c. The overall return the investor makes if they purchase a bond today and hold to maturity.
<h3>What is yield to maturity?</h3>
It is the total return of rate that will have been incomed by a bond when it makes all liability payments and repays the principal amount.
Since, as per the definition of yield to maturity, investor would get the original price of bond plus and the rate of interest that finalized (at the time of bond purchase) when the maturity period will over.
Thus, the overall return the investor makes if they purchase a bond today and hold to maturity. Best describes yield to maturity.
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Answer:
600
Step-by-step explanation:
x+2x=1800
3x=1800
x=600
