18/30 simplifies into 6/10 which then is put in decimal form of 0.6
Answer:
Step-by-step explanation:
good luck
Answer:
Bond Price= $1,070.24
Step-by-step explanation:
Giving the following information:
Cupon= $80
Number of periods= 10 years
Face value= $1,000
Interest rate= 7%
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 80*{[1 - (1.07^-10)] / 0.07} + [1,000 / (1.07^10)]
Bond Price= 561.89 + 508.35
Bond Price= $1,070.24
Answer:
5x + 17
Step-by-step explanation:
To answer this question, we must first simplify:
2 (x + 7) + 3 (x + 1) = 2x + 14 + 3x + 3
Then, we have to combine like terms:
2x + 14 + 3x + 3 = 5x + 17
And there is our answer, 5x + 17
Hope this helps ! :)
