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%
Answer:
i know i already answered this but, last option is correct :P
Step-by-step explanation:
Which sequence is geometric? 1, 5, 9, 13, ... 2, 6, 8, 10, ... 5, 7, 9, 11, ... 4, 8, 16, 32, ...
Sliva [168]
Answer:
4, 8, 16, 32
Step-by-step explanation:
4, 8, 16, 32 is a geometric sequence. The value multiplies by 2 every time.
The total cost of the mirror would be $24 because 6 times 4 equals 24.
Part A:
A coefficient can be either '15' or '25'.
A variable can be either 'w' or 'm'.
A constant is 65.
Part B:
Simply substitute, or plug-in, the numbers and solve.
***Step 1:
65+15w+25m --> 65+15(20)+25(3)
You do this because you are substituting the 'w' for the number
of weeks that Jaxon saved up for, which is 20, and the 'm' for the number
of times that Jaxon mowed the lawn, which is 3.
***Step 2:
65+15(20)+25(3) --> 65+300+75
Begin to solve, using PEMDAS, or whichever acronym you learned.
Remember, if you are using PEMDAS, recall that the order is Parenthesis,
Exponents, Multiplication/Division (whichever comes first), and
Addition/Subtraction (whichever comes first). Here, I checked for parenthesis.
I did find parenthesis, however, they do not have any expressions inside of
them, meaning that these parenthesis are for multiplying, and not for stating
order. So, you skip parenthesis. Next, you check for exponents, which you
find none of, so you skip over that. Now, we get to multiplying/dividing, so
you multiply the 15 and the 20 to get 300, and the 25 and 3 to get 75.
***Step 3:
65+300+75 --> 440
Now, we get to addition. You simply add everything up to get your final
answer: $440.
Part C:
If Jaxon had $75, then yes, the coefficients would change.
By subtracting $65 from $75, we can see that the total amount of money
from Jaxon's deposits and his lawn-mowing money is $10. Jaxon already
deposits $15 a week, meaning that, while using the current equation, Jaxon
CANNOT have $75 in his bank account. We can change the equation
so that Jaxon is able to have $75 in his savings account. You can change
the coefficient of 15 to 10, and the other coefficient of 25 to 0.
Now Jaxon is able to have $75 in his savings account.
