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cupoosta [38]
3 years ago
10

Making the assumption of no compounding interest, suppose you purchase a perpetuity bond from Sense/Net Corporation for $4,000 w

ith an annual coupon rate of 3% . Specify all answers to the nearest dollar, and assume a discount rate equal to that of the current interest rate. What is the yearly return on your $4,000 investment?
Mathematics
1 answer:
natali 33 [55]3 years ago
3 0

Answer:

$120

Explanation:

Data provided as per the given question below:-

Investment = $4,000

Coupon rate in percentage = 3%

The computation of yearly return is shown below:-

Yearly return = Investment × Coupon rate in percentage

= $4,000 × 3%

= $120

Therefore for computing the yearly return we simply investment with coupon rate in percentage.

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Vinny is interviewing for a job. he wants his take-home pay to be at least $42,000$42,000. what is the least salary he can earn
Elena-2011 [213]

56,000 would be the answer. If you divide the 42,000 by 3 then add your quotient to the original number you get his salary before tax.


7 0
3 years ago
Read 2 more answers
james' daily wage was $5 more than Davis's. Although James worked 3 days less than David, they earned $180 each. Find the number
zalisa [80]

Answer: 9 days

Step-by-step explanation:

Let x represent James' daily wage

James' daily wage was $5 more than Davis's. It means that Davis's daily wage will be $(x-5)

Let y represent number of days that James worked. James worked 3 days less than David. It means that the number of days that Davis worked would be (y + 3) days

they earned $180 each. Total amount of money earned by either of of them is the product of wage and the number of days worked.

Since James earned $180, then

180 = xy - - - - - - - - 1

Since Davis also earned $180, then

180 = (x - 5)(y + 3)

xy +3x -5y -15 = 180 - - - - - - - - 2

Substituting xy = 180 into equation 2

It becomes

180 + 3x - 5y -15 = 180

3x - 5y = 180 - 180 + 15

3x - 5y = 15 - - - - - - -3

From equation 1, x = 180/y

Substituting x = 180/y into equation 3, it becomes

3 × 180/y - 5y = 15

540 - 5y^2 = 15y

5y^2 + 15y -540 = 0

Dividing through by 5

y^2 + 3y -108 = 0

y^2 + 12y - 9y -108 = 0

y(y + 12) - 9(y + 12) = 0

y + 12 = 0 or y - 9 = 0

y = -12 or y = 9

Since the number of days cannot be negative, then,

Number of days that James worked will be 9 days

8 0
3 years ago
Please help Thank yourself
7nadin3 [17]

Answer:

75°

Step-by-step explanation:

There are 180° in a triangle, so using the ratios and the 180° setup an equation. Solve for x.

5x + 9x + 10x = 180

24x = 180

24x/24 = 180/24

x = 7.5

To find the largest angle measure, use 10x since 10 is bigger than 5 and 9.

10x

10(7.5)

75°

7 0
2 years ago
9n+21−3n−24 simplify
Thepotemich [5.8K]
Alright First you combine the like terms. 
9n - 3n = 6n 
21 - 24 = -3 

Rewrite the simplified equation
6n - 3 = 0

Solve for n 
6n = 3 
n = 3/6 
n = 1/2 

Ask if you need more help! :)

6 0
3 years ago
How to graph from linear standered form 2x-6y=12?​
Alexus [3.1K]

Answer:

See graph below for answer

Step-by-step explanation:

Step 1) Change to y-intercept form

6y = 2x - 12

y = 1/3x - 2

Step 2) Graph.

See graph below for answer

3 0
3 years ago
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