Answer:
interest rate is 2.25 %
Explanation:
given data
sell bond = $715
bond matures = 15 years
redeem = $1,000
solution
we apply here formula that is
amount = principal × 
................1
here put value and we get
1000 = 715 × (1+r)^{15}
= 
solve it we get
r = 0.022617
so rate is 2.25 %
buy for less money and sell for more money
Brenda, who was planning a small dinner party and she found at the store a buy-one-get-one-free deal and a free gift with the purchase of a particular dessert, altered the menu as a result of the in-store promotion and ended up spending less than she'd planned. This shows that shopping situations can influence purchases, In this case, promotions in stores can influence purchase decisions.
It’s a process that can be used to separate pure liquids from a mixture of liquids
Answer:
The correct answer is option (C).
Explanation:
According to the scenario, the given data are as follows:
Base year basket price = $5,000 billion
Year 2 basket price = $5,500 billion
So, we can calculate the consumer price index by using following formula:
Consumer price index = (Year 2 basket price ÷ Base year basket price ) × 100
By putting the value, we get
Consumer price index = ( $5,500 ÷ $5,000 ) × 100
= 1.1 × 100
= $110 billion
