Answer:
2.39%
Step-by-step explanation:
Maxwell bought $15,000 worth of 52-week T-bills for $14,650
Therefore the rate of return on investment can be calculated as follows
= 15,000-14,650/14,650× 100
= 350/14,650 × 100
= 0.02389 × 100
= 2.39%
Hence the rate of return on this investment is 2.39%
Answer:
the 3rd option is the answer
Step-by-step explanation:
I hope the attached file is self-explanatory
The area of the kite can be found as follows;
Area=[area of XWY]+[areaYWZ]
area XWY=1/2*b*h
=1/2*4*3=6 sq units
area YWZ=1/2*b*h
=1/2*4*4=8 sq units
Hence the area of the kite will be:
Area=6+8=14 sq. units
I think it 3 bit I am not sure