3x -7 = 5x + 19
-7 = 2x + 19
-26 = 2x
x= -13
Given the current yield to maturity of the bond, the price of the bond five years for now is $883.10.
<h3>What is the price of the bond five years from now?</h3>
The first step is to determine the yield to maturity of the bond. The yield to maturity is the return on the bond if the bond is held to matuity.
Yield to matuity can be determined using a financial calculator:
Cash flow in year 0 = -875
Cash flow each year from year 1 to 25 = 85
Cash flow in year 25 = $1000
Yield to matuity = 9.86%
Future price of the bond: (coupon x future price factor) + [FV / (1 + YTM)^n)]
Future price factor = [1 - (1/YTM)^n] / YTM
= [1 - 1/0.0986^20] 0.0986 = 8.595555
[85 x 8.595555 ] + 152.478323 = $883.10
To learn more about yield to maturity, please check: brainly.com/question/26484024
Answer:
200 mg sodium is in 1 oz of chips and 50 mg sodium is in 1 cup of soda.
Step-by-step explanation:
Let x mg sodium is in 1 oz of chips and and y mg is in 1 cup of soda.
∵ Bryan ate 3 oz of chips and drank 2 cups of soda for a total of 700 mg of sodium.
i.e. 3x + 2y = 700 --------(1),
Jadyn ate 1 oz of chips and drank 3 cups of soda for a total of 350 mg of sodium.
i.e. x + 3y = 350 ---------(2),
Equation (1) - 3 × equation (2),
We get,
2y - 9y = 700 - 1050
-7y = -350

From equation (1),
3x + 2(50) = 700
3x + 100 = 700
3x = 700 - 100
3x = 600

Hence, 200 mg sodium is in 1 oz of chips and 50 mg sodium is in 1 cup of soda.
Answer:
common ratio=0.5, a1= 0.08
Step-by-step explanation:
r=a3/a2
r=a4/a3
compare both we get:
a3/a2=a4/a3
subtitute a2=0.04 and a4=1
a3/0.04=1/a3
(a3)^2=0.04*1
(a3)^2=0.04
taking square root in both sides
a3=0.02
For r, r=a3/a2
subtitute a3 and a2 above
r=0.02/0.04
r=0.5 common ratio
For a1
r=a2/a1
0.5=0.04/a1
a1=0.04/0.5
a1=0.08