Answer: 0.88 (the 8 recurs)
Step-by-step explanation:
÷
×
(Then the the fraction should reciprocal so the values should shift to the opposite side were 2 goes up and 1 goes down and the sign turns to the multiplication sign)
then u should multiply the two fractions which gives 8/9
next you should divide 8 by 9 which gives 0.88(the number eight is recurring which means that the number 8 keeps repeating no matter how many times you try to divide)
Answer:



Step-by-step explanation:
= (probability of entire face value paid*face value+probability of entire face value not paid*percent of face value paid*face value)/(1+discount rate)^years to maturity
probability of entire face value paid = 75%
face value = 1000
probability of entire face value not paid = 25%
percent of face value paid= 60%
discount rate = 15%
years to maturity = 3



Answer:
236462700.81
Step-by-step explanation:
The nearest cent refers to the hundreds place, because 100 pennies (or cents) make 1 dollar. We look at the number to the right of the hundredths place and if it is less than 5 we round down, but if it is 5 or more we round up. Since 6 is more than five we round up, and are left with 236462700.81.