1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tasya [4]
2 years ago
15

Suppose that you buy a bond with face value $1,000 that was originally issued 18 months ago. The maturity date is 4 years from t

he time it was issued, and the interest rate is 4% simple interest per year. If you pay $820 for the bond and keep it until the maturity date, what is your profit? What percent of your investment is the profit made? (Round to one decimal place; Give your answer as a percentage; and Do not include the percent symbol with your answer)
Mathematics
1 answer:
ziro4ka [17]2 years ago
4 0

Answer:

Step-by-step explanation:

Interest earned during the rest of 2 years and 6 months

40 + 40 + 40 = 120

he will be getting 1000 at the time of maturity ie after 2.5 years .

Total receipt = 1000 + 120 = 1120

investment made = 820

total receipt earned = 1120

profit made = 300

time = 2.5 years

profit = investment x rate of intt x time / 100

300 = 820 x r x 2.5 / 100  where r is rate of interest

r = 30000 / 820 x 2.5

= 14.63 % .

You might be interested in
Write an equation of the line passing through the points (4,6) and (-2, - 18).
olga_2 [115]

Answer:

y = 4x – 10

Step-by-step explanation:

slope formula: m = \frac{y_{2}-y_{1} }{x_{2}-x_{1} }

point-slope formula: y-y_{1}=m\left(x-x_{1}\right)

  1. Use slope formula and plug in your numbers: m = \frac{-18-6}{-2-4 }
  2. Solve for slope m = 4
  3. Use the point-slope formula to solve for the equation: y-6=4\left(x-4\right)
  4. Solve and find equation: y=4x-10

Note: When given two points you only need to pick one for the point-slope formula! Best to choose the positive one so you don't have to deal with the negatives!

Hope this helps! Please give Brainliest!

4 0
2 years ago
Find the common ratio of the geometric sequence -20, 140, -980, ...
aksik [14]

Answer:

-7

Step-by-step explanation:

-20  × -7 = 140

140 × -7 = -980

3 0
3 years ago
A 6m ladder leans against a wall. The bottom of the ladder is 1.3m from the wall at time =0sec and slides away from the wall at
icang [17]

Answer:

- 0.100

Step-by-step explanation:

Length of the ladder,  H = 6 m

Distance at the bottom from the wall, B = 1.3 m

Let the distance of top of the ladder from the bottom at the wall is P

Thus,

from  Pythagoras theorem,

B² + P² = H²    .

or

B² + P² = 6²          ..............(1)      [Since length of the ladder remains constant]

at B = 1.3 m

1.3² + P² = 6²

or

P² = 36 - 1.69

or

P² = 34.31

or

P = 5.857

Now,

differentiating (1)

2B(\frac{dB}{dt})+2P(\frac{dP}{dt})=0

at t = 2 seconds

change in B = 0.3 × 2= 0.6 ft

Thus,

at 2 seconds

B = 1.3 + 0.6 = 1.9 m

therefore,

1.9² + P² = 6²

or

P = 5.69 m

on substituting the given values,

2(1.9)(0.3) + 2(5.69) × (\frac{dP}{dt}) = 0

or

1.14 + 11.38 × (\frac{dP}{dt}) = 0

or

11.38 × (\frac{dP}{dt}) = - 1.14

or

(\frac{dP}{dt}) = - 0.100

here, negative sign means that the velocity is in downward direction as upward is positive

5 0
3 years ago
Use the quadratic formula to solve x2 – 3x - 2 = 0.
r-ruslan [8.4K]

Answer:

x = 2 , 1

Step-by-step explanation:

6 0
2 years ago
Read 2 more answers
A truck can be rented from Company A for $90 a day plus a $0.20 per mile .Company B charges $20 a day plus $0.70 per mile to ren
Alex787 [66]

The number of miles in a day at which the rental costs for Company A and Company B are the same is 140 miles

<h3>Rental cost</h3>

Let

  • Number of miles = x

Company A:

90 + 0.20x

Company B:

20 + 0.70x

  • Equate both rental cost

90 + 0.20x = 20 + 0.70x

90 - 20 = 0.70x - 0.20x

70 = 0.50x

  • Divide both sides by 0.50

x = 70/0.50

x = 140 miles

Therefore, the number of miles in a day at which the rental costs for Company A and Company B are the same is 140 miles

Learn more about rental cost:

brainly.com/question/11959610

#SPJ1

8 0
1 year ago
Other questions:
  • A fair six-sided die is tossed. After it lands, the bottom face cannot be seen. What is the probability that the product of the
    10·1 answer
  • What is 3 - 4 - (-4)
    10·2 answers
  • Which of the following numbers is a whole number a.3/5 b.0.5 c.15% d.47
    6·1 answer
  • Help find perimeter and area
    15·1 answer
  • the volume v of the cylinder is 65 Pi cubic centimeters the height of the cylinder is 5 cm use the formula V equals BH to find t
    14·2 answers
  • 1In the example problem, 2.4 X 10^6 was rewritten as 24 X 10^5. Explain why those expressions are equivalent.
    9·2 answers
  • What is the slope of a ramp that rises 6 inches for every horizontal change of 12 inches?
    7·1 answer
  • What is the mean for the data shown in the dot plot? 4 5 6 10
    13·2 answers
  • Please help me with this plz
    5·1 answer
  • A.4 B.5 C.6 D.8<br> HELP PLEASE
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!