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:
same
Step-by-step explanation:
First, you must find the slope, which is -5-4/-1-4, or 1.8, and then put it in point-slope form, or y-4=1.8(x-2), which simplifies to y-4=1.8x-3.6, and so put it in general/standard form, you have to subtract 1.8x from both sides and then add 4 to both sides, and lastly divide both sides of the equation by -1.8 to get x+y=1.889, or x+y=1.6/1.8. This is not copied and pasted.
38.9 is the answer. because it is rounded to the nearest tenth.