When patey pontoons issued 6% bonds on january 1, 2016, with a face amount of $600,000, the market yield for bonds of similar risk and maturity was 7%. the bonds mature december 31, 2019 (4 years). interest is paid semiannually on june 30 and december 31?

Answers

Answer 1
You are given a bond interest of 6% that was given on January 1, 2016, with a face value of $600,000. Also, the market yield for bonds of similar risk, that the market yield for bonds of similar risk and maturity was 7% and the interest is paid semiannually on June 30 and December 31. You are to find the bond value on January 1, 2016. In here, because the yield of the market is above 6%, the bonds will have a discount for bonds less than $600,000.

Cash interest
= 0.06 * $600,000 * 6/12 (because it is done semiannually)
= $18,000
7%/2 = 3.5%

PV of interest at 3.5%
= $18,000 * 6.87396
= $123,731

PV of face at 3.5%
= $600,000 * 0.75941
= $455,646

Value of bond
= PV on interest + PV of face
= $123,731 + $455,646
$579,377

Related Questions

Describe the two possible ways to use the angle of depression that is outside a right triangle?

Answers

You can use the virtue of similar triangles to get the complement angle on the opposite side which is the object or you can use the depression angle to get the complement angle forming a 90 degree angle vertical to the ground. This follows that for any angle x being the angle of depression, its complement angle will always sum up to 90. This will be a handy trick once you will be introduced to courses that involves primarily using trigonometry.

A roof rises 9 feet for every 12 feet of run. What is the slope of the roof?

Answers

The slope is 9/12 or 0.75

Since slope, m, is defined as the rise/run; then m = 9/12 

simplify m = 3/4  


Paige pays $532 per month for 5 years for a car. she made a down payment of $3,700.00. if the loan costs 7.1% per year compounded monthly, what was the cash price of the car?

Answers

Use the formula of the present value of annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value?
PMT monthly payment 532
R interest rate 0.071
K compounded monthly 12
N time 5years
Pv=532×((1−(1+0.071÷12)^(−12
×5))÷(0.071÷12))
=26,803.15

So the cash price of the car including down payment is
26,803.15+3,700
=30,503.15...answer

The physician ordered Polymox (amoxicillin) oral suspension 20 mg/kg/day in divided doses every 8 hours for a child who weights 66 pounds. Convert pounds to kilograms and then calculate the prescribed dosage.  ______ mg every _____ hours

Answers

66 Pounds = ‪29.9371‬ approx 30 Kilograms
20 mg/kg/day in divided doses every 8 hours 
20*30=600 day / 24 hrs. 600/24*8 = 200 mg hrs

⦁ The point guard of a basketball team has to make a decision about whether or not to shoot a three-point attempt or pass the ball to another player who will shoot a two-point shot. The point guard makes three-point shots 30 percent of the time, while his teammate makes the two-point shot 48 percent of the time. Xi 3 0 P(xi) 0.30 0.70 Xi 2 0 P(xi) 0.48 0.52 ⦁ What is the expected value for each choice? ⦁ Should he pass the ball or take the shot himself? Explain

Answers

Answer:

The given data is

Pr(xi)=0.3*0.70

The expected value =0.90

Where as we calculated the probability=0.96

As 0.96>0.9

So he should pass the ball as probability is greater.

Find the volume of the ellipsoid x^2+y^2+9z^2=64

Answers

Final answer:

The volume of the ellipsoid x²+y²+9z²=64 is 1024π/3 cubic units.

Explanation:

To find the volume of the ellipsoid given by the equation x²+y²+9z²=64, we can use the formula for the volume of an ellipsoid, which is V = (4/3)πa×b×c, where a, b, and c are the semi-axes of the ellipsoid. In our case, the ellipsoid can be rewritten to show its semi-axes clearly by dividing the equation by 64, which gives us (x²/64) + (y²/64) + (z²/(64/9)) = 1, indicating that our semi-axes are a = b = 8 and c = 8/3. Plugging these values into our volume formula gives us V = (4/3)π×8×8×(8/3), which simplifies to V = 1024π/3 cubic units.

Dr. Blumen invested $5,000 part of it was invested in bonds at a rate of 6% in the rest was invested in a money market at the rate of 7.5% if the annual interest of is 337.50 how much did she invest in bonds

Answers

so... let's say the amounts invested were "a" at 6% and "b" at 7.5%.

ok.. hmm what's 6% of a? well, (6/100) * a or 0.06a.
what's 7.5% of b? well, (7.5/100) * b or 0.075b.

now... we know, whatever "a" and "b" are, they total the investment of 5000 bucks, thus a + b = 5000

and the interest yielded was 337.50, thus 0.06a + 0.075b = 337.50

thus    [tex]\bf \begin{cases} a+b=5000\implies \boxed{b}=5000-a\\ 0.06a+0.075b=337.50\\ ----------\\ 0.06a+0.075\left( \boxed{5000-a} \right)=337.50 \end{cases}[/tex]

solve for "a", to see how much was invested at 6%.

what about "b"?  well, b = 5000 - a.
X = amount invested in bonds  (5000-X) = amount invested in money mkt
X (.06) + (5000-X)(.075) = 337.50
.06X + 375 - .075 X = 337.50
375 - 337.50 = .075 X - .06X
37.50 = .015 X
X = $2500 invested in bonds

What is the next answer 3,6,4,8,6,12,10

Answers

14 is the next answer :0


Hi!

The pattern is

3

3 + 3

6 - 2

4 + 4

8 - 2

6 + 6

12 - 2

10 + 10

20

The next number is 20

Hope this helps! :)

Suppose we are flipping a fair coin (i.e., probability of heads = 0.5 and probability of tails = 0.5). further, suppose we consider the result of heads to be a success. what is the standard deviation of the binomial distribution if we flip the coin 5 times?

Answers

here is your answer.

Find all numbers for which the rational expression is undefined z^2+6/z^2-7z-8

Answers

now.. if a fraction has a denominator that's 0, the fraction is undefined... so hmm for this to happen to this fraction, then it'd look like  [tex]\bf \cfrac{z^2+6}{0}\impliedby unde fined[/tex]

now, for that to happen, well, the denominator must be equal to 0, and that happens when z²-7z-8 = 0... when is that? well, let's check.

[tex]\bf \cfrac{z^2+6}{z^2-7z-8}\\\\ -------------------------------\\\\ z^2-7z-8=0\implies (z-8)(z+1)=0\implies z= \begin{cases} 8\\ -1 \end{cases}\\\\ -------------------------------\\\\ \boxed{z=8}\qquad \cfrac{z^2+6}{(8)^2-7(8)-8}\implies \cfrac{z^2+6}{64-56-8}\implies \cfrac{z^2+6}{0} \\\\\\ \boxed{z=-1}\qquad \cfrac{z^2+6}{(-1)^2-7(-1)-8}\implies \cfrac{z^2+6}{1+7-8}\implies \cfrac{z^2+6}{0}[/tex]

What is the relationship between the 6s in the number 7,664?

Answers

Answer:

10s

100s

Step-by-step explanation:

One of the 6s are in the 10th digit position

the other one is in the 100th digit position

Solve p=10a+3b for a.

Answers

see attached picture for solution

The lengths of the sides of a triangle are 4,5,6 can the triangle still be a right triangle

Answers

No. We can use the pythagorean theorem to prove this.The equation being a2 + b2 = c2. We then use two of  the least of the three numbers, which are 4 and 5, to substitute for “a” and “b”. We get a value for “c” which is 6.4, rounded off to the nearest tenth. This value is greater than 6. Note that this is a very logical way of solving the problem since a greater number for “a” and “b” would lead a greater value for “c”

Hello there! Thank you for asking your question here at Brainly! I will be assisting you with answering this problem, and will teach you how to handle it on your own in the future.

First, we need to understand how the sides of a right triangle work.
There is a rule that geometry users practice to test if there is a proper right triangle. This rule is called the "3,4,5" rule.
This rule is known as the Pythagorean Theorum. The Pythagorean Theorum basically states that one leg of the triangle squared plus the other leg of the triangle squared is equal to the hypotenuse squared.

In written form:
a^2 + b^2 = c^2

To prove that the 3,4,5 rule works, let me apply this to the side lengths.
3 will represent a, 4 will represent b, and 5 will represent c.

3^2 + 4^2 = 5^2
Simplify all three squares.
9 + 16 = 25
25 = 25
This proves the 3,4,5 rule works.

Now, let's try to apply this rule with the side lengths 4, 5, and 6.
4 will represent A, 5 will represent B, and 6 will represent C.

4^2 + 5^2 = 6^2
Simplify the squares.
16 + 25 = 36
41 = 36

This does not apply to the Pythagorean Theorum, thus it is NOT a right triangle.

I hope this helps!

Write the fractions in order from smallest to largest. 7/10, 3/20,22/25, 2/25

Answers

7/10 = 0.7
3/20 = 0.15
22/25 = 0.88
2/5 = 0.4

order from smallest to largest
3/20, 2/5, 7/10 and 22/25
I believe the order from smallest to largest would be:
2/25, 3/20, 7/10, 22/25

0.8 is 10 times as great as which decimal

Answers

0.08 is the answer. :)

Given a mean of 8 and a standard deviation of 0.7, what is the z-score of the value 9 rounded to the nearest tenth?

Answers

[tex]\mu[\tex]=8
[tex]\sigma[\tex]=0.7
x=9

Z=(x-[tex]\mu[\tex])/[tex]\sigma[\tex]
=(9-8)/0.7
=1.43
=1.4 [to the nearest tenth]

Answer: The z-score of the value 9 rounded to the nearest tenth = 1.4

Step-by-step explanation:

Given: Mean [tex]\mu=8[/tex]

Standard deviation [tex]\sigma=0.7[/tex]

The given random value x= 9

Now, the formula to calculate the z score is given by:-

[tex]z=\dfrac{x-\mu}{\sigma}\\\\\Rightarrow\ z=\dfrac{9-8}{0.7}\\\\\Rightarrow\ z=1.42857142857\approx1.4[/tex]

Hence, the z-score of the value 9 rounded to the nearest tenth = 1.4

In one day,Annie traveled 5 times the sum of the number of hours Brian traveled and 2. Together they traveled 20 hours.Find the number of hours each person traveled.

Answers

The answer is Brian traveled 3 hours
And Annie traveled 17 hours

Annie traveled 5 times + 2 more hours than Brian, which is 3x5+2=17 add them together and you get the 20 hours

The nutritional chart on the side of a box of a cereal states that there are 93 calories in a three fourths 3/4 cup serving. How many calories are in 5 cups of the​ cereal?

Answers

The answer for this question will be 620 calories.
In this case, 3/4 cup= 93 calories and you need 5 cups. First you need to count calorie per cups, it would be 1 cup/(3/4 cup) * 93 calorie = 124 calorie/cup.
Then 5 cup of cereal would be 5*124 calorie= 620 calories.


A local hamburger shop sold a combined total of 436 hamburger and cheeseburgers on Friday. There were 64 fewer cheeseburgers sold than hamburgers. How many hamburgers were sold on Friday?

Answers

64 fewer cheeseburgers were sold than hamburgers. The total number of hamburgers sold on Friday was 250.

Use the concept of subtraction defined as:

Subtraction in mathematics means that is taking something away from a group or number of objects. When you subtract, what is left in the group becomes less.

Given that,

Total number of hamburgers and cheeseburgers sold on Friday: 436.

The number of cheeseburgers sold was 64 fewer than the number of hamburgers.

The objective is to find the number of hamburgers sold on Friday.

To find out how many hamburgers were sold on Friday,

Set up a system of equations.

Let's denote the number of hamburgers as 'H' and the number of cheeseburgers as 'C'.

From the given information,

The total number of hamburgers and cheeseburgers sold is 436,

So write the equation,

H + C = 436.

Since there were 64 fewer cheeseburgers sold than hamburgers,

Which can be written as C = H - 64.

Now substitute the second equation into the first equation and solve for H:

H + (H - 64) = 436

Combine like terms,

2H - 64 = 436

Add 64 to both sides,

2H = 500.

Divide both sides by 2,

H = 250.

Hence,

250 hamburgers were sold on Friday.

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What is the area of the trapezoid?
30 square units
60 square units
90 square units
120 square units

Answers

Answer:

B-60

Step-by-step explanation:

The  area of the trapezoid is 60 square units

How to find the area of a trapezoid

The formula for finding the area of a trapezoid is expressed as:

A = 0.5(a+b)h

Given the following parameters

a = AD = √4² + 6²

AD = √16+36
AD = √52

For the length of BC
a = AD = √6² +10²

AD = √36+100
AD = √136
Calculate the height of the trapezium (10, 6) and (8, 12)

H = √6² +2²

H =  √40

Substitute

A = 1/2(7.21+11.66)*6.33

A = 60 square units

Hence the  area of the trapezoid is 60 square units

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Find the quotient. 22x 2 y 2 ÷ 11x 2 y 2

Answers

22x^2 y^2 ÷ 11x^2 y^2
= 2

answer is 2

Answer:

Quotient of 22x²y²÷11x²y² is:

2

Step-by-step explanation:

If a number p is divided by b then,

if p could be written as p=qb+r then q is the quotient and r is the remainder

Here, p=22x²y²

and b=11x²y²

22x²y²= 2(11x²y²)+0

⇒ q=2 and r=0

⇒ quotient=2

Hence, quotient of 22x²y²÷11x²y² is:

2

The coefficient of the second term in the expansion of the binomial (4x + 3y)3

Answers

The coefficients of a binomial expansion are determined by the Pascal's triangle.

Take a look at the picture.

draw the Pascal's triangle up to the third row. (the row with only 1 is the zero'th row)

Also, notice that as we expand [tex](A+B) ^{3} [/tex],
in each term the power of A decreases by 1, starting from 3, and the powers of B increase by 1, up to 3.

According to these, the second term of [tex](A+B) ^{3} [/tex] is 
[tex]3A^{2}B [/tex], 

where A=4x, and B=3y,

substituting A an B:

[tex]3A^{2}B=3(4x)^{2}(3y)=3*16 x^{2} *3y=144 x^{2} y[/tex]

Answer: 144

What is the GCF of 12 and 20

Answers

I think it's 4 if I'm wrong I'm sorry

Answer:

It is 4.

Step-by-step explanation:

It said so in my classes.

A random sample of 12 graduates of a certain secretarial school typed an average of 79.3 words per minute with a standard deviation of 7.8 words per minute. assuming a normal distribution for the number of words typed per minute, find a 95% confidence interval for the average number of words typed by all graduates of this school.

Answers

We will use the following  formula to work out the confidence interval

Upper limit = μ + z* (σ/√n)
Lower limit = μ - z* (σ/√n)

We have
μ = 79.3
σ = 7.8
n = 12
z* is the z-score for 95% confidence level = 1.96

Substitute these into the formula, we have

Upper limit = 79.3 + 1.96 (7.8/√12) = 83.7
Lower limit = 79.3 - 1.96 )7.8/√12) = 74.9
Final answer:

To find the 95% confidence interval for the average number of words typed, use the formula: sample mean ± (critical value) * (standard deviation / square root of sample size).

Explanation:

To find the 95% confidence interval for the average number of words typed by all graduates of the secretarial school, we can use the formula:

Confidence Interval = sample mean ± (critical value) * (standard deviation / square root of sample size)

Plugging in the given values, we have:

Confidence Interval = 79.3 ± (1.96) * (7.8 / √12)

Simplifying, the 95% confidence interval is approximately 75.6 to 83.0 words per minute.

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The equation below represents Function A and the graph represents Function B:

Function A

f(x) = x - 9

Function B

graph of line going through ordered pairs negative 1, negative 3 and 2, 3

Which equation best compares the slopes of the two functions?

Slope of Function B = 2 x Slope of Function A.
Slope of Function A = Slope of Function B
Slope of Function A = 2 x Slope of Function B
Slope of Function B = - Slope of Function A

Answers

Answer: The correct option is A., i.e, Slope of Function B = 2 x Slope of Function A.

Explanation:

The given function is,

[tex]f(x)=x-9[/tex]

It can be written as,

[tex]y=x-9[/tex]

It is the slope intercept form like y=mx+c, where m is the slope. On comparing the f(x) with the slope intercept form, we get the slope of f(x) is 1.

The graph of function g(x) passing through the point (-1,-3) and (2,3).

If a line passing through the points [tex](x_1,y_1)[/tex] and [tex](x_2,y_2)[/tex], then the slope of line is,

[tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]

[tex]m=\frac{3-(-3)}{2-(-1)}=\frac{3+3}{2+1}= \frac{6}{3} =2[/tex]

The slope of g(x) is 2.

Since slope of f(x) is 1 and the slope of g(x) is 2, so we can say that the slope of function B is twice of slope of function A.

Slope of Function B = 2 x Slope of Function A

Therefore, the first option is correct.

The answer is A... yeet                                      

a patio is in the shape of a regular octagon. the sides have length 5m. Calculate the area of the patio

Answers

here is the solution.

 Round the answer as needed.

Divide 2x^3 - 35x-12/ x+4

Answers

The easiest way to solve this is to do the long division. The solution is show below:
                 2x² - 8x - 3
                --------------------------------------------------
     x+ 4    |2x³ - 35 x -12
               - 2x³ + 8x²
                 ------------------
                  -8x² - 35x
                - -8x² - 32x
                  -----------------
                            -3x - 12
                          - -3x - 12
                          -------------
                                 0

This is how it's done step by step. First, find a quotient that could divide the first term of the equation 2x³ - 35 x -12. So, that would be  2x² because  2x² (x+4) =  2x³ + 8x². Next, you subtract this product from the original equation. 2x³ will be cancelled out leaving -8x². So, let's move onto the next term by carrying it down. So, we carry -35x down.Now, it becomes -8x²-35x. The same procedure follows. We find a quotient that can divide the first terms which is -8x². So, that would be -8x because -8x(x+4) = -8x²-32x. Subtract again, we get -3x. Carry down the next term which is -12. Lastly, the last term of the quotient is -3 because -3(x+4) = -3x-12 which cancels out the whole equation.

Therefore, the quotient is 2x²-8x-3.

How do you write an equation that shows an estimate of each answer for 503+69

Answers

You have to round to the nearest whole number so it would be 500 and 70
so the equation would be 500+70
Final answer:

To estimate the sum of 503 and 69, one could round the numbers to the nearest tens or hundreds and then add the rounded numbers together. For example, rounding to the nearest tens would result in the equation 500 + 70 = 570.

Explanation:

The question asks for a method to write an equation that would allow them to estimate the sum of 503 and 69. This is more related to the concept of rounding numbers. We can estimate this sum by rounding these numbers to the nearest tens or hundreds, and then adding those rounded numbers together.

For example, if you round to the nearest tens, 503 can be rounded down to 500 and 69 can be rounded up to 70. Adding these rounded numbers together gives 500 + 70 = 570. Therefore, one possible equation could be: 500 + 70 = 570, which is a fairly close estimate of the original sum, 503 + 69.

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A building has an entry the shape of a parabolic arch 84 ft high and 42 ft wide at the base, as shown below. A parabola opening down with vertex at the origin is graphed on the coordinate plane. The height of the parabola from top to bottom is 84 feet and its width from left to right is 42 feet. Find an equation for the parabola if the vertex is put at the origin of the coordinate system. (1 point)

Answers

The equation of the parabola with the given dimensions and vertex at the origin is y = -4x^2.

Finding the Equation of a Parabola

To find the equation of a parabola with a vertex at the origin and given dimensions, we can use the standard form of a parabolic equation, which is y = ax^2. In this case, since the parabola opens downward and the vertex is at the origin (0,0), the equation will have the form y = -ax^2. The value of 'a' can be determined using the dimensions provided for the parabola, which are a width of 42 feet (meaning that the points (21,0) and (-21,0) are on the parabola) and a height of 84 feet (the y-coordinate at the vertex).

Since the point (21, 0) lies on the parabola, substituting it into the equation y=-ax^2 gives us 0 = -a(21)^2, which leads us to find that a = -84/(21)^2. Substituting the value of 'a' back into the equation gives us the final equation of the parabola: y = -84/(21)^2
x^2.

The equation of the parabola is: [tex]\[ y = -\frac{2}{21}x^2 + 42 \][/tex] .

To find the equation of the parabola with its vertex at the origin, we can use the standard form of a parabolic equation, which is [tex]\( y = ax^2 \).[/tex]

Given that the parabola opens downwards, we know that  a  must be negative. To determine the value of ( a ), we need to find a point on the parabola.

We're given the dimensions of the arch: 84 feet high and 42 feet wide at the base. Since the arch is symmetrical, the highest point is at the midpoint of the base, which is ( x = 0 ). At this point,( y = 84 ).

So, substituting the coordinates of this point into the equation, we get:

[tex]\[ 84 = a \times 0^2 \][/tex]

This simplifies to ( 84 = 0 ), which doesn't give us any useful information. Instead, we need to consider another point on the parabola.

Since the arch is symmetric, we can choose a point where ( x = 21 ) (half of the width of the base), and ( y = 0 ).

Substituting these coordinates into the equation, we get:

[tex]\[ 0 = a \times (21)^2 \][/tex]

0 = 441a

Dividing both sides by 441, we find ( a = 0 ). However, this seems incorrect, as it would mean the arch is just a straight line, which it isn't. This suggests that our choice of coordinates may not be correct.

Let's reconsider. The midpoint of the base is  x = 0, but the highest point might not be there. Instead, let's choose a point where ( x = 0 ) and ( y = 42 ), as this is the highest point of the arch.

Substituting these coordinates into the equation, we get:

[tex]\[ 42 = a \times 0^2 \][/tex]

42 = 0

This also doesn't give us useful information. It seems we might have approached this problem incorrectly. Let's try a different strategy.

Since we know the arch is a parabolic shape, and the parabola opens downwards, we can write its equation in the form:

[tex]\[ y = ax^2 + c \][/tex]

To find the values of  a  and  c , we need two points on the parabola. We already have one: the highest point of the arch, which is at  x = 0 and (y = 42 ).

Now, we need to find another point. Since the arch is symmetric, we can use any point along the base. Let's choose the point where x = 21 , which is half of the width of the base. At this point,  y = 0 .

Substituting these points into the equation, we get:

[tex]\[ 42 = a \times 0^2 + c \][/tex]

[tex]\[ 0 = a \times 21^2 + c \][/tex]

The first equation simplifies to ( c = 42 ).

Substituting this value of ( c ) into the second equation, we get:

[tex]\[ 0 = a \times 21^2 + 42 \][/tex]

Solving for  a :

[tex]\[ a \times 441 = -42 \][/tex]

[tex]\[ a = \frac{-42}{441} \][/tex]

[tex]\[ a = -\frac{2}{21} \][/tex]

So, the equation of the parabola is:

[tex]\[ y = -\frac{2}{21}x^2 + 42 \][/tex]

How do you write 2/100000 as a decimal?

Answers

.00002 Because it would be an exponent of notation (-5) so you would move the decimal point on 2, 5 places then fill the rest with zeros. 

The fraction 2/100000 written in form of a decimal is 0.00002

Given the fraction 2/100000, we are to express this fraction as a decimal

The fraction can also be expressed as;

2/100000 = 2  * 1/00000

2/100000 = 2 * 0.00001

2/100000 = 0.00002

Hence the fraction 2/100000 written in form of a decimal is 0.00002

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