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katen-ka-za [31]
2 years ago
6

Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon. What is the total value of the coupons

Mathematics
2 answers:
klasskru [66]2 years ago
8 0

Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.

We find the coupon amount each year

Coupon amount = actual amount of bond * 4%

= 10,000 * 0.04 = 400

Coupon amount for every year = 400

Total value of coupons for 30 years = 400 * 30 = 12000

$12,000 is the total value of the coupons

Vlad [161]2 years ago
5 0

To calculate the value of each coupon of the bond we multiply the nominal value by the interest rate.

That is to say:

 Coupon = Nominal value (Vn) * coupon rate (interest rate)

 Coupon = $10 000 * 0.04 = $400

 That is the payment what to he receive annually.

 After 30 years, Amanda will have received:

 $400*30 = $12 000

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8 0
2 years ago
A piggy bank contains some dimes and nickels. There are 8 more dimes than nickels in the bank. There is a total of $1.40. How ma
Softa [21]

Answer:

4 nickels

12 dimes

Step-by-step explanation:

Dimes are worth .1 each while nickels are .05 each.

We have 8 more dimes than nickels. Let d represent number of dimes and n for number of nickels. This means we have d=8+n.

If all our nickels and dimes together are worth 1.4 then we have another equation .1d+.05n=1.4

Lets put our equations together:

d=8+n

.1d+.05n=1.4

‐-----------------Plug first equation into second.

.1(8+n)+.05n=1.4

Distribute

.8+.1n+.05n=1.4

Combine like terms

.8+.15n=1.4

Subtract .8 on both sides

.15n=.6

Divide both sides by .15

n=.6/.15=4

Remember there are 8 more dimes so d=8+4=12.

5 0
2 years ago
Dmitri wants to cover the top and sides of the box shown with glass tiles that are 3 5 mm square How many tiles does he need 20
Anna35 [415]
Lets split the box in pieces and then add:
top = 20*15 = 300
sidesA = 2*20*9 = 360, is multiplied  by 2 cause there are 2 sides like this
sidesB = 2*9*15 = 270, is multiplied  by 2 cause there are 2 sides like this
so in total we have:
total = 300 + 360 + 270 = 930 cm^2
if we express this quantity in mm^2 we have:
<span>1cm² = 100 mm²</span>total = 930*100 = 93000 mm^2
so if the tiles are 5 mm^2 we need:
total tiles = <span>93000/5 = 18600
we need 18600 tiles of 5 mm^2</span>
8 0
2 years ago
Of the bundles delivered daily to the store, 1/3
Triss [41]

Answer:

x=9

Step-by-step explanation:

Let total bundle=x

Morning edition of the daily sun=1/3x

=x/3

Afternoon edition of the daily sun=2

That leaves 2x/3 - 2, of which

x/3 - 1 are regional

1 is local

1 from another state

Sum everything

x = x/3 + 2 + x/3 - 1 + 1 + 1

x=2x/3 +3

x-2x/3=3

3x-2x/3=3

x/3=3

Cross product

x=3×3

x = 9

3 0
2 years ago
Randy buys a pair of shoes that were originally
lozanna [386]
Randy will play $103.67
3 0
2 years ago
Read 2 more answers
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