Answer:
C. he did not multiply the numerator by 2
Step-by-step explanation:
To find an equivlent fraction, you must multiply the numerator and denominator by the same thing.
Answer:
Excuse me?
Step-by-step explanation:
Put your question DB and I'll gladly answer!
Given:
treasury bond = 40,000
brokers commission = 600
interest rate = 12$ p.a
interest paid semi-annually, january 1 and july 1.
Since the treasury bond was sold on June 1, its interest revenue will only be equal to 1 month ( June 1 to July 1).
12% / 12 months = 1% per month
40,000 * 1% = 400 interest revenue to be recorded on July 1.
Answer:
-
-1
, 1.13
Step-by-step explanation: