shalla9gomez
shalla9gomez shalla9gomez
  • 15-08-2018
  • Mathematics
contestada

Ryan has a $3000 bond with a 6% coupon. How much interest wil Ryan receive for this bond every 6 months

Respuesta :

Sachie18 Sachie18
  • 15-08-2018

I know 6% of $3000 is $180

But I don't understand the rest of the question.


Answer Link
HelpfulHelp
HelpfulHelp HelpfulHelp
  • 15-08-2018

Assuming Ryan has to pay the $3000 bond every 6 months, he would need to pay $2820.

Here is my reasoning:

6% of $3000 is $180.

Since the 6% off is a coupon, that would mean Ryan would get $180 off his $3000 bond.

Which means Ryan should have to pay $2820. ($3000 - $180 coupon).

I hope this is what you mean! If not, let me know and I will fix my answer! Have a great night Shalla9gomez! :)

Answer Link

Otras preguntas

Identify three temperatures that are colder than -5°C. Then, using complete sentences, explain how you know that they are colder. i need it written pls
Determine domain of the graph
What happens in the wall of the uterus to push the baby out?
Given m \\ n find the value of x and y
geometrical prove that a + b x a minus b is equals to a square minus b square​
the third part lol helppppppppppppppppppppppppppppppppppppppppp
Questions Your brother is on the phone making plans for the evening and you can only hear his answers. Write the questions his friend asks based on the answers.
Nick was surveying his field and saw some cows and ducks. Nick counted a total of 80 heads and 248 legs. Assuming there are no mutations in the animals, determi
What is the hypothesis for Lift an Ice Cube.
English. how can I write in comparison. I like blue than any other colour of all.​