5: it says to solve using trigonometry but i’m confused on it
1 answer:
You might be interested in
Answer:
The yield to maturity is 6.3974%
Step-by-step explanation:
The computation of the yield to maturity is as follows
Given that
NPER = 18 × 2 = 36
PMT = $1,035.25 × 6.50% ÷ 2 = $33.65
PV = $1,035.25
FV = $1,000
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
AFter applying the above formula, the yield to maturity is
= 3.1987% × 2
= 6.3974%
Hence, the yield to maturity is 6.3974%
Answer:
x = 10
Step-by-step explanation:
Using the sine ratio in the right triangle and the exact value
sin60° = , then
sin60° = =
=
( cross- multiply )
2x = 20 ( divide both sides by 2 )
x = 10