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hannahbear16841
24.02.2020 •
Mathematics
Susan purchased a government bond which has maturity value of $1,000 after 18 years at 12
3/4% simple interest. How much should she pay for this bond?
Please help with step-by-step
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Ответ:
435.729847495 = 435.73
Step-by-step explanation:
I = prt/100
p=?
r=12³/₄= 51/4
t= 18
i = $1000
1000= (18x51/4xP)/100
1000X100 = (9XPX51/2) = 100000
459P = 2 X 100000= 200000
P = 200,000/459 = 435.729847495
Ответ:
she should pay $303.49 for this bond
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the government bond.
P represents the principal or amount paid for the government bond.
R represents interest rate
T represents the duration of the government bond.
From the information given
P = 1000 - P
R = 12.75%
T = 18 years
Therefore,
1000 - P = (P × 12.75 × 18)/100
1000 - P = 229.5P/100
1000 - P = 2.295P
1000 = 2.295P + P = 3.295P
P = 1000/3.295
P = 303.49
Ответ:
hd extra 3-7 x d en is the answer