Answer:
None of these choices are correct.
Step-by-step explanation:
If a bond is quoted at 99.875, it means that it is sold at 99.875% of the face value;
Face value = 1000
Therefore, Price = 0.99875 * 1000
Price = $998.75
If Leona pays 5.5% of the selling price, it means that she is paying additional cost which will make the total cost more than the quoted price;
5.5% of 998.75 is;
0.055*998.75 = $54.93
The total cost = $998.75 +$54.93
= $1053.68
Therefore, none of the given choices is correct.
Answer:
49 tickets
Step-by-step explanation:
THis is pretty straight forward
So we have the ratio 4:7
We know there were 88 tickets in total but we don’t know the exact amount of adult and kids
So we can Add up the ratio
4+7=11
Now we can divide 88 by 11
you’ll get 7
So by doing this we know there are 7 groups of the ratio for child to adults 4:7
So we just multiply the 7 to each
4*7
7*7
you’ll get 28:49
Now we know there are 28 kid tickets and 49 adult tickets
We know this is correct becuase if you add up the ratio, it’ll be 88
Which is the same as the amount fo people at the hockey game
Ok well what I did but I’m not sure if it answers your question but I did 27-15=12-7=5 and that what I got maybe it’s 5 it’s just an assumption