Answer:
all work is shown and pictured
Answer:
D
Step-by-step explanation:
the slope is going 1 up right 1 and the y-intercept is 4
Answer:
Bond Price= $1,070.24
Step-by-step explanation:
Giving the following information:
Cupon= $80
Number of periods= 10 years
Face value= $1,000
Interest rate= 7%
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 80*{[1 - (1.07^-10)] / 0.07} + [1,000 / (1.07^10)]
Bond Price= 561.89 + 508.35
Bond Price= $1,070.24
A caterer's total cost for catering a party includes a fixed cost, which is the same for every party. In addition the caterer charges a certain amount for each guest. If it costs $300 to serve 25 guests and $420 to serve 40 guests, find the cost per guest. Write a system of equations for the situation and solve using inverse matrices.
Hi! I’m here to help you with your math.
You didn’t specify how much games so let’s go with one, if it’s not 1 I can always change it later!
1 * 3.10 is 3.10 (duh)
7 * 3.70 is 25.90
7
3 7 0
0 0 0 0
— — — — — —
4 9
2 1
— — — — — —
2 5 9 0
Add the decimals in the correct places and you’ll get 25.90.
Now add 25.90 + 3.10 and you shall get your answer, 29!
Melissa spent 29$ for the rentals in the past month.
Thank you and I hope this helped.
