Answer:
x= -1
Step-by-step explanation:
x+5=4 or x+5= -4
x= -9 or x= -1
Answer:
Anne’s after-tax rate of return from the corporate bond is 3.5% or 5% x (1-.3). Because interest from the bond is taxed annually and her rate is assumed to be constant, the after-tax rate of return doesn’t depend on her investment horizon. Thus, her annual after-tax rate of return remains at 3.5% if the bond matures in ten years.
Step-by-step explanation:
Answer:
= 1.75
Step-by-step explanation:
7/6 divided by 6
= 7/36
7/36 = x/9
Cross multiply fractions:
36x = 63
Divide each side by 36:
x = 7/4 or 1.75
The rate of interest is 25%
<u>Explanation:</u>
Given:
Principal, P = $2,000
Amount, A = $2500
Time, t = 1 year
Rate of Interest, r = ?
We know:

On substituting the value we get:


Therefore, the rate of interest is 25%