Answer:
Slope: 2
y-intercept: (0, -4)
x y
0 -4
2 0
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See attachment below:
let x = orginal price of the shorts
$21 = x(100%-20%) * 1.05
$21 = x(80%) * 1.05
$21 = 0.8x * 1.05
Subtract 1.05 from both sides
$19.95 = 0.8x
Divide 0.8 from both sides
$24.9375 = x
So the orginal price of the shorts are about $24.94
<h2>Answer:</h2>
Number of biology textbooks sold: 257 textbooks
Number of psychology textbooks sold: 181 textbooks
<h2>Explanations:</h2>
Let the total number of biology textbook sold be "a"
Let the total number of psychology textbook sold be "b"
If a textbook store sold a combined total of 438 biology and psychology textbooks in a week, then:
a + b = 438 ................... 1
If the number of psychology textbooks sold was 76 less than the number of biology textbooks sold, then;
b = a - 76 ...................... 2
Substitute equation 2 into 1
a + (a-76) = 438
a + a - 76 = 438
2a = 438 + 76
2a = 514
a = 514/2
a = 257 biology textbooks
From equation 2;
b = a - 76
b = 257 - 76
b = 181 psychology textbooks
Number of biology textbooks sold: 257 textbooks
Number of psychology textbooks sold: 181 textbooks
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%