pageantperfectp1zglk pageantperfectp1zglk
  • 03-01-2018
  • Mathematics
contestada

Clarissa Finley purchased a $1,000 bond at a quoted price of 80.25. The bond pays interest at a rate of 6.5%. What is the annual yield?

Respuesta :

Ivka93
Ivka93 Ivka93
  • 14-01-2018
Clarissa Finley purchased a 1,000 bond at a quoted price of $80.25:
1000*80.25$=$80250
$80250:100%=$x:6.5%
100*x=80250*6.5, x=$5216.25
The annual yield is $5216.25.

Answer Link
melwillis18
melwillis18 melwillis18
  • 25-03-2021

Answer:

8.1 %

Step-by-step explanation:

Answer Link

Otras preguntas

Drag the tiles to the correct boxes to complete the pairs.Match the causes with their effects.-They could lay siege to cities.-They were an extremely mobile peo
how do you tell someone they need to wash their coochie..?
Which situation below would have the strongest gravitational force between them? A 10 kg mass and a 10 kg mass at 30 km apart. A 2 kg mass and a 2 kg mass at 10
(1 2/3 − 3/5 )÷3 1/2 + 1/3 help me i beg of you
Why would you not restore a Domain Controller that was last backed up twelve months ago
Complete the statements. Substitute the given value for the Use the to simplify. inside the First, complete the parentheses. Next, complete the parentheses. Las
7. Which city is noted for its market and which is noted for its port?
What is the sum of 5
*****WILL MARK BRAINLIEST****** help me please 0_o
Sort the phrases into the appropriate categories.