Answer:
true
Step-by-step explanation:
hello!
so the answer that you put there is actually wrong and i'll tell you why and how to do it
so since you are adding the two:
-8x + 9x = x (so you got this part right)
-12 + 4 = -8 (this is where you got it wrong, -12 added 4 goes up in value to -8)
so the final answer is x - 8
i hope this helped and have a nice day!
Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.
We find the coupon amount each year
Coupon amount = actual amount of bond * 4%
= 10,000 * 0.04 = 400
Coupon amount for every year = 400
Total value of coupons for 30 years = 400 * 30 = 12000
$12,000 is the total value of the coupons