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.
The value at the end of the year is 100% - 20% = 0.80 of the value at the beginning of the year. After 4 years of multiplying by this factor, the value is
$17,500·0.80⁴ = $7,168
So if John gives a pen and pencil to each and all of them are over we know that the no. of pencils and pens should be the same
So we will find the LCM of 15 and 40 that is equal to 120
So John brought 120/15 that is 8 packets of pen and 120/40 that is three packets of pencils
Answer:
The two step equation that we can use to find michael's age is x = (f-2)/4 where f = 30. So Michael is 7 years old.
Step-by-step explanation:
In order to solve this problem we will attribute variables to the ages of Michael and his father. For his father age we will attribute a variable called "f" and for Michael's age we will attribute a variable called "x". The first information that the problem gives us is that Michael's dad is 30 years of age, so we have:
f = 30
Then the problem states that the age of the father is 2 years "more" than four "times" Michaels age. The "more" implies a sum and the "times" implies a product, so we have:
f = 2 + 4*x
We can now find Michael's age, for that we need to isolate the "x" variable. We have:
f - 2 = 4*x
4*x = f - 2
x = (f-2)/4
x = (30 - 2)/4 = 7 years
The two step equation that we can use to find michael's age is x = (f-2)/4 where f = 30. So Michael is 7 years old.
Answer:
3
Step-by-step explanation:
