Answer:
25
Step-by-step explanation:
025
18 |450
- 36
090
- 90
00
Answer: The group wants to raise $1,200.
Step-by-step explanation:
We can use a proportion to solve.
part/whole = percent/100
If we insert the values:
276/x = 23/100
We can cross multiply.
276 x 100 = 27,600
27,600 / 23 = 1,200
$1,200 is the answer.
If Teresa drove 936 miles in 13 hours, this would mean she would have driven 72 miles every hour. 72 times 9 equals 648. After 9 hours, she would have driven 648 miles.
<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
= 
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%