jocekinn jocekinn

29-05-2017
Mathematics

contestada

Joaquim Alvez purchases 32 bonds that mature in 2024 at 96.7.
They have a coupon rate of 8.625%.

Find the annual interest

Respuesta :

Aliwohaish12 Aliwohaish12

29-05-2017

Hi there

Annual Interest =Face Value× Rate

Face value=32×96.7=3,094.4

So annual interest
3,094.4×0.08625=266.89

Hope it helps

Answer Link

Otras preguntas

The characteristics of an instant message include all of the following except A. it's more structured. B. it contains abbreviations. C. occurs between PCs. D.

Which of the following was a prominent Federalist? A. Patrick Henry B. Samuel Adams C. James Madison D. Richard Henry Lee

Which type of organism helps to reduce atmospheric carbon dioxide? 1. carnivores 2. producers 3. decomposers 4. herbivores Submit Answer

The goals of the nineteenth-century women's movement included _____. religious freedom the right to vote the right to travel overseas fairness in property laws

Using fitness evaluations to determine fitness levels is important to __________. a. set fitness goals b. track performance c. spot areas for improvement d. all

What is greater than 4.74 and less than 4.75

Not considering the above social economic factor may lead to learners dropping out of tertiary institutions

Countries create quotas and tariffs to increase the volume of trade with their neighbors. a. True b. False

A cheetah ran 300 feet in 2.92 seconds . What was the cheetah's average speed in miles per hour ? Show your work . Please I need help . Thanks !

Which issue below played a major role in the Democratic Party split? trade tariffs economic conditions slavery viewpoints Western expansion