Answer:
It depends if there is tax or not, if there isn't she can buy 8 of them.
Step-by-step explanation:
$17 is the total so we need to see how many $2 fit in $17.
8×2=16, and 16 is the closest number we can get to.
Answer:
Step-by-step explanation:
Let x be the added 20% solution.
<u>The salt content is same:</u>
- 50*0.6 + x*0.2 = 0.28*(x + 50)
- 30 + 0.2x = 0.28x + 14
- 0.28x - 0.2x = 30 - 14
- 0.08x = 16
- x = 16/0.08
- x = 200
Nper = 11*2 = 22 (indicates the period over which interest payments are made)
PMT = 1000*10.3%*1/2 = 51.5 (indicates sem-annual interest payments)
PV = 1000*95% = 950 (indicates the current selling price of the bonds)
FV = 1000 (indicates the face value of bonds)
Rate = ? (Indicates YTM)
YTM = Rate(Nper,PMT,PV,FV)*2 = Rate(22,51.5,-950,1000)*2 = 11.098% or 11.10%
Answer is 11.098% or 11.10%.
Look up Quadratic Formula Pop Goes the Weasel
its like 30 seconds and is pretty easy to remember
X + 2 > 3x - 8
subtract x from both sides
2 > 2x - 8
add 8 to both sides
10 > 2x
divide both sides by 2
5 > x
ANSWER: 5 > x
Hope this helps! :)
