Answer:
12
Step-by-step explanation: it’s right
He would make more money with Susie than by himself because if he only works three hours and Susie make more money than him she would have more but if they work as a team they could split the money and get more together.
Answer:
An 18 sided shape.
Since the sum of the exterior angles of a polygon is 360° and an angle of the regular polygon is 20°, then 360° / 20° is the number of sides. We find the answer = 18, an octadecagon
You are given a bond interest of 6% that was given on January 1, 2016, with a face value of $600,000. Also, the market yield for bonds of similar risk, that <span>the market yield for bonds of similar risk and maturity was 7% and </span>the interest is paid semiannually on June 30 and December 31. You are to find the bond value on January 1, 2016. In here, because the yield of the market is above 6%, the bonds will have a discount for bonds less than $600,000.
Cash interest
= 0.06 * $600,000 * 6/12 (because it is done semiannually)
= $18,000
7%/2 = 3.5%
PV of interest at 3.5%
= $18,000 * 6.87396
= $123,731
PV of face at 3.5%
= $600,000 * 0.75941
= $455,646
Value of bond
= PV on interest + PV of face
= $123,731 + $455,646
= $579,377
