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zavuch27 [327]
3 years ago
14

Randall bought a bond with a face value of $6000 and a coupon rate of 7.25%. the bond will mature in 5 years. how much interest

will he receive semiannually?
Mathematics
2 answers:
Galina-37 [17]3 years ago
7 0

Answer:

Face value of bond = $ 6000

Rate of interest =7.25 %

The Bond will mature in 5 years.

If the interest is semiannually , the rate of interest will reduce to half.

So, new rate of interest will be \frac{7.25}{2}=3.625

Formula for simple interest

=\frac{\text{Principal}\times Rate \times time}{100}

   Interest after 6 months will be

   =\frac{6000 \times 3.625 \times 1}{100}\\\\=60 \times 3.625\\\\=217.5

So, interest that Randall will receive after six months = $ 217.50

butalik [34]3 years ago
6 0
I just took a test with this question it's $217.50
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3 years ago
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x

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Akira receives a prize at a science fair for having the most informative project. Her trophy is in the shape of a
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45 square inches

Step-by-step explanation:

Akira receives the prize at the science fair for having the most informative project her trophy is in the shape of a square pyramid and is covered in shiny gold foil how much gold foil did it take to cover the trophy including the bottom

Total surface  =  surface area of the base square + area of 4 triangles

Calculate the surface area of the base square

surface area of the square =  s^2

where s= side length

s=3 in

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=3^2

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The surface area of the side triangles

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6 0
3 years ago
Slope = 1.75; (10, 16.5)
vazorg [7]
Do you want the equation of the line given the slope and a point it goes through?

y - y1 = m (x - x1)
y - 16.5 = 1.75 (x - 10)
y - 16.5 = 1.75x -17.5
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8 0
3 years ago
I really need help with this Question don't know how to do it
suter [353]
Tan(12) = 40/d
d = 40/tan(12)
d = 188.19m
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3 years ago
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