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1 year ago

14

A bond has a $12,000 face value, a 9-year maturity, and a 3.1% coupon. Find the total of the interest payments paid to the bondh

older.

1 answer:

jeka57 [31]1 year ago

4 0

Answer:

$15348

Step-by-step explanation:

i = prt is the simple interest equation

i = 12,000(0.031) = 372

i = 372*9 = 3348

12000+3348 = $15348

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3 years ago

What is the perpendicular slope to 6/-3

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3 years ago

There are 32 students in a class. Of the class, 3/8 of the students bring their own lunches. How many students bring their lunch

OverLord2011 [107]

Answer:

The number of students that bring their lunches is 12

Step-by-step explanation:

Let

x -----> the number of students that bring their lunches

y -----> the total number of students in a class

we know that

The number of students that bring their lunches divided by the total number of students in a class must be equal to 3/8

$\frac{x}{y}=\frac{3}{8}$

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