Answer:
A. $22,223
B. $20,000
C. $20,000
Explanation:
The annual return of the retired couple's investment is called the yield in percentage.
A. If they go for Treasury bills which has a yield of 9%, to attain a return of at least $2,000 their investment must exceed $20,000. 9% of 22,223 = $2,000.07
B. . If they go for Corporate bonds option which has a yield of 11%, to attain a return of at least $2,000; 11% of 20,000 = $2,200
C. . If they go for Junk bonds option which has a yield of 13%, to attain annual return of at least $2,000; 13% of $20,000= $2,600
Answer:
C)
Step-by-step explanation:
- π can be added to π to get a rational number
π + (-π) = 0
0 is a rational number
Answer:
1/32
Step-by-step explanation:
Since we want to find the probability that all five coins land on heads, we must first find the total number of possibilities. Since there are 2 choices for each coin to land on, heads or tails, the total number of possibilities is 2^5 = 32.
Since there is only one way to to land on all heads, the probability is 1/32.
Answer:
I got 31,529.8281
Step-by-step explanation:
I just replaced minimum with one(if i can do that).
If it's not right sorry.
Let us look at the cost per can of both packs.
Cost of can in 6-pack = 1.80/6
= £0.30
Cost of can in 10-pack = 3.50/10
= £0.35
Since the cost of a can in the 6-pack is cheaper, it would be better to buy the 6-pack if you were looking to save money.