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earnstyle [38]
3 years ago
6

How is 1.6x1.5=2.4, please ex0lain how to do it

Mathematics
1 answer:
nata0808 [166]3 years ago
6 0

Answer:

Below.

Step-by-step explanation:

1.5 = 1 + 0.5

1.6 * 1 = 1.6

0.5 * 1.6 = 0.8

1.6 + 0.8 = 2.4.

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4 years ago
Nolan has a bond with a 6.1% yield, a bid price of $475, and a face value of $500. What is the original coupon rate of this Bond
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Answer:

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Multiply both sides by 475

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Cancel out the 475's from the top and bottom of the right side

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Divide both sides by 5000

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Cancel out 50000 from the top and bottom of the left side

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CR = 0.0579 * 100      [convert decimal into a percentage]

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