Let's use the line on the right side. In the smaller triangle, the length is 4. The same side on the bigger triangle is 12. The ratio of the smaller triangle to the bigger triangle is:
To find a side length for the bigger triangle, all you need to do is multiply by 3. The same side on the smaller triangle is 5. Multiply by 3
That means x = 15
Answer:
8.704%
Step-by-step explanation:
The computation of the before cost of debt is as follows
Given that
Future value = $100
Present value = $103
NPER = 25 × 2 = 50
PMT = $100 × 9% ÷ 2 = $4.5
The formula is presented below:
= -RATE(NPER;PMT;PV;FV;TYPE)
After applying the above formula, the rate is 4.3518%
Yearly rate is
= 4.3518% ×2
= 8.704%
