Answer:
To find a a fraction of a whole number, you multiply the numerator of the fraction by the given number and then divide the product by the denominator of the fraction
Solved example for finding a fraction of a whole number:
1)
Find 1/3 of 21.
To find 1/3 of 21, we multiply the numerator 1 by the given whole number 21 and then divide the product 21 by the denominator 3.
1/3 × 21 = 1 × 21/3 = 21/3 = 7
So, 1/3 of 21 = 7.
1/3 of 21 is 7
Answer: D represents the price of a sandwich and a smoothie
Answer:
5.8%
Step-by-step explanation:
Current yield = 6.1%
Face value of bond = $500
Market price of bond = $475
Let the original coupon rate be CR


Multiply both sides by 475

Cancel out the 475's from the top and bottom of the right side


Flip the sides

Divide both sides by 5000

Cancel out 50000 from the top and bottom of the left side
%
CR = 0.0579 * 100 [convert decimal into a percentage]
CR = 5.79 %
CR = 5.8% [rounded off to the tenth place]
Step-by-step explanation:
