Answer:
$318
Step-by-step explanation:
The treasury bond is $10,000
The current yield is 3%
= 3/100
=0.03
It is quoted at 106 points
The first step is to calculate the price of the bond
Price of the bond= $10,000×106/100
= $10,000×1.06
= $10,600
Therefore the annual interest can be calculated as follows
Annual interest= $10,600×0.03
= $318
Hence the annual interest is $318
1. a
2. c
3. b
hope this helps
Answer:
What do you want me to do? Its already simplified to its lowest terms
Answer:
2204.62
Step-by-step explanation:
Well the remainder more possible dividing by six would be 9.3 I hope i helped.
