Step one, divide both sides by -2
log8(x+1)=4
if the base is 10, and the 8 is together with (x+1): (cannot tell from the way it is written)
8(x+1)=10^4=10000
x+1=1250
x=1249
if the 8 is a base,
8^4=(x+1)
x+1=4096
x=4095
Answer:4
Step-by-step explanation:
A zero-coupon bond doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.
To figure the price you should pay for a zero-coupon bond, you'll follow these steps:
Divide your required rate of return by 100 to convert it to a decimal.
Add 1 to the required rate of return as a decimal.
Raise the result to the power of the number of years until the bond matures.
Divide the face value of the bond to calculate the price to pay for the zero-coupon bond to achieve your desired rate of return.
First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.
Answer:
idk
Step-by-step explanation:
Answer:
15 photos
Good luck & have a great day!