Ans: -4.3
Integers are all whole numbers negative, positive, and 0
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She has $12,488 in savings
Step-by-step explanation:
Ariana plans to use $260 less than three-fourths of savings to buy a car.
If the purchase price of the car is 9,340, we need to find how much
she has in savings
To find the savings
- Assume that she has $x in savings
- Write an equation of x
- Solve the equation to find x
∵ She has $x in savings
∵ She plans to use $260 less than three-fourths of savings
- Three-fourths means
and less than means subtract
∴ She plans to use
x - 26
∵ The purchase price of the car is 9,340
- Equate the expression of x by 9,340
∴
x - 26 = 9,340
Now let us solve the equation
∵
x - 26 = 9,340
- Add 26 to both sides
∴
x = 9,366
- Divide both sides by
∴ x = $12,488
She has $12,488 in savings
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Answer:
The yield is 5.974%
Step-by-step explanation:
We proceed as follows ;
coupon rate = Annual coupon payment/bond face value.
The face value is the original amount which the bond was bought and that is $515 according to the question. While the coupon rate is 5.8%
mathematically, annual coupon payment = coupon rate * bond face value = 0.058 * 515 = $29.87
mathematically;
current yield = Annual coupon payment/bond price
current yield = 29.87/500
= 0.05974 or simply 5.974%
so the answer is c. 5.6%
Step-by-step explanation: