D. You can tell by the opened and closed line dots.
You are given a bond interest of 6% that was given on January 1, 2016, with a face value of $600,000. Also, the market yield for bonds of similar risk, that <span>the market yield for bonds of similar risk and maturity was 7% and </span>the interest is paid semiannually on June 30 and December 31. You are to find the bond value on January 1, 2016. In here, because the yield of the market is above 6%, the bonds will have a discount for bonds less than $600,000.
Cash interest
= 0.06 * $600,000 * 6/12 (because it is done semiannually)
= $18,000
7%/2 = 3.5%
PV of interest at 3.5%
= $18,000 * 6.87396
= $123,731
PV of face at 3.5%
= $600,000 * 0.75941
= $455,646
Value of bond
= PV on interest + PV of face
= $123,731 + $455,646
= $579,377
2 consecutive even numbers.....x and x + 2
x(x + 2) = 7(x + 2) + 10
x^2 + 2x = 7x + 14 + 10
x^2 + 2x = 7x + 24
x^2 + 2x - 7x - 24 = 0
x^2 - 5x - 24 = 0
(x - 8)(x + 3) = 0
x - 8 = 0
x = 8
x + 3 = 0
x = -3...not this one because it is negative
x = 8
x + 2 = 8 + 2 = 10
so ur 2 consecutive even numbers are 8 and 10
Answer:
89.375
Step-by-step explanation:
First, add up all the numbers. Your answer should be 715. Once you get that divide by the the total amount of numbers so you added up 8 numbers, meaning you would divide by 8. 715/8=89.375
Answer:
Then the solution is (-1/4, 3)
Step-by-step explanation:
Start by eliminating the fractional coefficient 1/4: multiply all 3 terms in the second equation by 4. This results in equation (b), below:
4x - 3y = -10 (a)
4x = y -4 (b)
Substitute y - 4 for 4x in equation (a):
y - 4 - 3y = -10
Combining like terms, we get -2y = -10 + 4, or -2y = -6, or y = 3.
Since x = (1/4)y - 1, if y = 3, then x = (1/4)(3) - 1, or x = 3/4 - 1, or x = -1/4
Then the solution is (-1/4, 3)
