What is the cost of the bond?
When you see that a bond was purchased "at 92", this means that the bond was purchased for 92% of the face value. Sometimes the bond purchaser will pay more than the face value (purchased a number greater than 100), generally if the interest rate is higher than the market rate.
The cost of one bond, then, is 92% of 1,000, or $920.
Since there are 6 bonds, the total cost is 920 x 6 = $5520
What is the total annual interest?
The annual interest is the interest rate on the bond times the face value (not the cost of the bond).
The interest rate is 6.5%, so the annual interest on one bond is:
6.5% x 1000 = $65
6 bonds: $65 x 6 = $390
When we think of yield, we want to consider the real return on the bond. This is the annual interest earned divided by what the purchaser paid for it.
The purchaser paid $5520 for the bonds, and is earning $390.
390 ÷ 5520 = 7.06%.
Note that we can also calculate the return on one bond, rather than the total cost and interest of 6 bonds, and get the same result.
65 ÷ 920 = 7.06%
Here are some things you should know when solving algebraic equations.
If you add an expression to both sides of an equation, the resulting equation will have the same solution set as the original equation. In other words, they will be equivalent. This is true for all operations. As long both sides are treated the same, the equation will stay balanced.
You will also need to know how to combine like terms. But what are like terms to begin with? Like terms are defined as two terms having the same variable(s) (or lack thereof) and are raised to the same power. In mathematics, something raised to the first power stays the same. So, 5x and 10x are like terms because they both have the same variable and are raised to the first power. You don’t see the exponents because it doesn’t change the value of the terms.
To combine like terms, simplify add the coefficients and keep the common variable(s) and exponent.
The distributive property is another important rule you will need to understand.
The distributive property is used mostly for simplifying parentheses in expressions/equations.
For example, how would you get rid of the parentheses here?
6(x + 1)
If there wasn’t an unknown in between the parentheses, you could just add then multiply. That is what the distributive property solves. The distributive property states that a(b + c) = ab + ac
So, now we can simplify our expression.
6(x + 1) = 6x + 6
Now let's solve your equation.
9v = 8 + v
8v = 8 <-- Subtract v from each side
v = 1 <-- Divide both sides by 8
So, v is equal to 1.
Answer: 9πcm²
Step-by-step explanation: area of the square= 36cm²
Therefore, the area of one side= √area = √36 = 6cms
Since the circle is touching the sides of the square, the side of the square = the diameter of the circle
Therefore the radius of the circle= side/2 = 3cm
The formula for the ares of the circle is πr²
π*3*3 = 9πcm²
