$11.40 because you just divide 35.34 by 3.1
Given:
treasury bond = 40,000
brokers commission = 600
interest rate = 12$ p.a
interest paid semi-annually, january 1 and july 1.
Since the treasury bond was sold on June 1, its interest revenue will only be equal to 1 month ( June 1 to July 1).
12% / 12 months = 1% per month
40,000 * 1% = 400 interest revenue to be recorded on July 1.
8 x 1.25 = 10
or you could do 8 x 0.25 = 2
8 + 2 = 10
Answer:
41 miles
Step-by-step explanation:
the company is saying they will round the number of miles, and charge you that number
when rounding 40.8, you round up to 41
1,2,3,4 rounds down to 0
5,6,7,8,9 rounds up to the next 0 up
