The answer is A to the question
Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
Answer:
The y intercept is 3
(0,3)
Step-by-step explanation:
4x+2y=6
To find the y intercept, set x =0 and solve for y
4(0) +2y = 6
0+2y = 6
Divide by 2
2y/2 = 6/2
y =3
The y intercept is 3
(0,3)
2/18 + 1 2/8 =
1/9 + 10/8 =
1/9 + 5/4 =
4/36 + 45/36 =
49/36 =
1 13/36 <==
