Answer:
Yes
Step-by-step explanation:
Multiplying an integer by 0.01 is the same as Dividing such as :
0.01 = 10^-2
100= 10
For instance :
A number, n = 5 is multiplied by 10^-2
5 * 0.01 = 0.05
Thus, divide the number, n by 100;
5 / 100 = 0.05
Hence, the proof.
Answer:
510 minutes.
Step-by-step explanation:
<em>i hope this helped you! :)</em>
Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.
We find the coupon amount each year
Coupon amount = actual amount of bond * 4%
= 10,000 * 0.04 = 400
Coupon amount for every year = 400
Total value of coupons for 30 years = 400 * 30 = 12000
$12,000 is the total value of the coupons
Zero
There is no solution for these equations as there is no even one point of intersection between them
