PLEASE HELPPPP!!! The number of songs Oliver has downloaded this year, divided by 12, is equal to 24. What is an equation that r
1 answer:
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<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
=
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:
Step-by-step explanation:
Let x be the average number of pounds Fido must loss.
Since, the initial weight of Fido is 35 pounds.
And, After losing the weight, the new weight of Fido in pounds = 28 pounds.
Then the time taken for losing the weight
=
=
According to the question, it must lose weight within 6 months,
Thus,
Which is the required inequality to find the average number of pounds per month.
By solving it we, get,