If Renfro Rentals has issued bonds that have an 8% coupon rate, payable semiannually. The price of the bonds is: $1,039.11.
<h3>Price of the bonds</h3>
We would be making use of financial calculator to find or determine the price of the bonds (Present value) by inputting the below data:
N represent Number of years = 12 x 2 = 24
I represent Interest rate= 7.5 % / 2 =3.75 %
PMT represent Periodic payment= (8% x 1000) / 2 = $40
FV represent Future value= $1,000
PV represent Present value=?
Hence;
PV (Present value) = $1,039.11
Therefore if Renfro Rentals has issued bonds that have an 8% coupon rate ,payable semiannually. The price of the bonds is: $1,039.11.
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Slope=(59-83)/(4-6)=12
equation of the line:
(y-59)/(x-4)=12
y-59=12x-48
y=12x+11
put x=0, y=11
so the y-intercept is 11
The answer to this problem is 555.4
Answer: X = -5
Step-by-step explanation:
3(x-5)=2(x-10)
3x - 15 = 2x -20
3x = 2x -5
x = -5
The easiest way for me to do this is too set their heights to actual numbers. Say Wanda is 100 feet tall (which I know isn’t a thing, but 100 is always an easy number for percentages.) If will is 34% taller than 100 feet, 1% is 1 foot, so Will is 134 feet tall. 134 / 100 is 134%, so will’s height is 134% of Wanda/s height. Hope this helps!
