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Viktor [21]
3 years ago
15

The City of State College plans to issue bonds with a par value of $5,000 that will issue 8% quarterly payments for 7 years. If

a
purchaser wants earn 6% per quarter over the lifetime of the bond, how much would the purchaser be willing to pay for the bond?
Mathematics
1 answer:
cricket20 [7]3 years ago
5 0

Answer:

Step-by-step explanation:

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A country is planning to decrease government spending in order to reduce the national debt. If the outlined changes are put into
SOVA2 [1]

<u>Answer</u>

Graph D represents the national debt of the country over the next years.

<u>Solution-</u>

The country's debt will decrease exponentially by one-third each year.

Current debt is $60 billion.

This problem can be treated as an exponential decay problem.

The general exponential decay function is,

y=a(r)^{-x}

Where,

a = initial value,

r = rate of change,

-ve sign of x represents the decrease in value of y as x increases.

Here, the rate of change is 3 as each year the debt becomes on third, and initial value of debt is $60, so

y=60(3)^{-x}

Plotting a graph taking number of year on x-axis and debt on y-axis, we can generate a graph for this function.

Putting different values of x, we can get the values of y. So the graph must have (0, 60), (1, 20), (2, 6.66), (3, 2.22), (4, 0.74), (5, 0.24) points on it.

Option B and C are incorrect, as they do not start from 60. (they don't have (0,60) on their curve)

Between option A and D, curve in D has all the points on it. So D is the correct graph.

5 0
3 years ago
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When rounding to the nearest ten what is the greatest whole number that rounds to 6,820?
kati45 [8]
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4 0
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1 fourth of 16 in a numerical expression
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The answer should be 4 16/4 = 4
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Solve the equation for y: 2x+3y=6
igor_vitrenko [27]

Answer:

Let's solve for x.

2x+3y=6

Step 1: Add -3y to both sides.

2x+3y+−3y=6+−3y

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Step 2: Divide both sides by 2.

2x 2 =

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Answer:

x= −3 2

y+3

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Please help!<br><br>4^x*5^y=20, 4^y*5^x=20^2, x+y=?​
photoshop1234 [79]

Answer:

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Step-by-step explanation:

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