the 6 percent semiannual coupon bonds of ipo, inc., are selling for $1,087. the bonds have a face value of $1,000 and mature in 11 years. what is the yield to maturity? a. 4.96 percent b. 3.68 percent c. 5.42 percent d. 5.70 percent

Answers

Answer 1

Using the financial calculator or Excel, we can find that the YTM is 5.42%. the correct answer is (c) 5.42 percent.

How to find?

Using the given information, we can calculate the yield to maturity (YTM) of the bonds as follows:

Calculate the annual coupon payment:

Coupon rate = 6% (given)

Face value = $1,000 (given)

Annual coupon payment = Coupon rate x Face value = 6% x $1,000 = $60

Calculate the total future value of the bond:

Face value = $1,000 (given)

Number of periods = 11 x 2 = 22 (since the coupon payments are semi-annual)

Annual interest rate (YTM) = ?

Using the financial calculator or Excel, we can find that the total future value of the bond is $1,087.

Calculate the YTM:

Using the financial calculator or Excel, we can find that the YTM is 5.42%.

Therefore, the correct answer is (c) 5.42 percent.

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Related Questions

What did Alexander Hamilton want for the economy?

Answers

Hamilton advocated for a federal charter for a national financial institution as part of his plan to restructure the American economy. A Bank of the United States was his suggestion.

What was the economic objective of Alexander Hamilton?

In Hamilton's proposal, the federal and state debts would be paid off by the government. He demanded that the government acquire all of the bonds issued before 1789 by the federal and state governments. Then, he intended to issue fresh bonds to settle the previous debts.

What three points made up Hamilton's economic strategy?

The elements of Hamilton's particular financial strategy were: government obligations incurred during the war. financing for the government's operations. Concentrate on business and industry

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TRUE/FALSE. a manufacturer of farm equipment has annual turns of 2, and its cost of goods sold (cogs) is $47 billion.

Answers

Annual turns are a financial metric that measures how efficiently a company is utilizing its assets to generate sales. The statement is False.

It is calculated by dividing the total revenue by the average value of its assets. Therefore, we would need to know the total revenue and the average value of assets of the manufacturer of farm equipment to determine its annual turns.

In addition, providing a long detail 200 words answer, it is important to note that annual turns is a critical financial ratio that helps companies evaluate their operational efficiency. This ratio helps companies to understand how well they are utilizing their assets to generate revenue. A high annual turns ratio indicates that a company is efficiently using its assets, while a low ratio implies that the company is struggling to generate revenue with its assets.

Furthermore, the cost of goods sold (cogs) is an important factor in determining a company's profitability. Cogs is the direct cost associated with producing goods or services that are sold by a company. It includes the cost of raw materials, labor, and overhead costs. A high cost of goods sold can indicate that a company is facing difficulties in controlling production costs, which can affect its overall profitability.

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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%

Answers

It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).

What is Operating Leverage?

The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.

Magnitude of operating leverage= 4.5

Old sales= $100000

New sales= $110000

Percentage increase in sales:

(New-old)/old = (110,000-100,000)/100,000

                       = 10%

Consequently, a percentage rise in profit might be anticipated:

sales percentage growth times the degree of operational leverage

                        = 10% * 4.5

                        = 45%

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___ requrements are courses that build knowledge and skills in a specific field.

A. major
B. general studies
C. specialization
D. elective​

Answers

The Awnser is c specialization

D. elective requrement are courses that build knowledge and skills in a specific field

What is the percentage of Internet searches conducted via mobile phones?
89%
77%
over 50%
under 40%

Answers

Answer:

Over 50%

Explanation:

Globally, 68.1% of all website visits in 2020 came from mobile devices—an increase from 63.3% in 2019

Miguel’s employer pays $1,825 in health insurance and $93 in life insurance per year. he also gets $2,860 in paid time off per year. his monthly gross pay is $3,890. what are migual’s total job benefits per year?

Answers

Miguel’s total job benefits per year are $51,458.

Given information:

health insurance = $1,825 per year

life insurance = $93 per year

paid time off = $2,860 per year

monthly gross pay = $3,890

Calculating the total job benefits per year:

Total job benefits per year = health insurance(per year) + life insurance(per year)  + paid time off(per year) + gross pay(per year)

Now, substituting the given values in the above equation we get:

Total job benefits per year = $1,825 + $93 + $2,860 + monthly gross pay × 12 months

Again, substituting the given values in the above equation we get:

Total job benefits per year = $4,778 + $3,890 × 12

                                         = $4,778 + $46,680

                                         = $51,458

Hence, the correct answer is $51,458.

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In certain situations, the agent is the only party liable for the contract even when the agent acts within his or her authority on behalf of an undisclosed principal. Identify these situations. (Check all that apply.)
Multiple select question.
A. The third party enters into a contract with the agent such that the agent's performance is required and the third party may reject the performance of the principal.
B. The principal or agent knows a third party would enter into a contract with the principal if the principal's identity were disclosed but the agent does not disclose the identity anyway.
C. The agent enters into a contract that is a nonnegotiable instrument.
D.The contract expressly excludes the principal from the contract.

Answers

The third-party enters into a contract with the agent such that the agent's performance is required and the third party may reject the performance of the principal. The principal or agent knows a third party would enter into a contract with the principal. options A and B are correct.

The situations where the agent is the only party liable for the contract, even when the agent acts within his or her authority on behalf of an undisclosed principal, are:

A. The third party enters into a contract with the agent such that the agent's performance is required and the third party may reject the performance of the principal.

B. The principal or agent knows a third party would enter into a contract with the principal if the principal's identity were disclosed but the agent does not disclose the identity anyway.

Therefore, options A and B are the correct answers.

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What is the function of a ledger?
record only cash payments
record only credit payments
record and consolidate all financial transactions
record only sales

Answers

Answer:

Record and consolidate all financial transactions.

Explanation:

A ledger is a book that contains a record of all the transactions made- be it credit or withdrawals/ expenses. It is a book that maintains a record of any form of transaction that was ever done by a person or company.

It can also be a computer folder where the same record is made. The main point of maintaining a ledger is to keep track of, record, and also "make" solid evidence or proof of the transactions ever done. Thus, the function of a ledger is to record and consolidate all financial transactions ever done.

what is the value of ln(-1)

Answers

Answer:

Undefined

Explanation:

The natural logarithm of a negative number is undefined.

What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?

Answers

Answer:hudsa

Explanation:uhsha

Can I earn by brainly?

Answers

Answer:

huh?

Explanation:

what do you mean ? Are you referring to points or ?

on february 3, smart company sold merchandise in the amount of $4,300 to kennedy company, with credit terms of 3/10, n/30. the cost of the items sold is $2,970. smart uses the perpetual inventory system and the gross method. kennedy pays the invoice on february 8 and takes the appropriate discount. the journal entry that smart makes on february 8 is:

Answers

Therefore the journal entry to be passed on Feb 8 is

Cash (1,900-57) 1,843 debit  

Sales discount (1,900*3%) 57 debit

Accounts receivable   1,900 credit

A journal entry is the act of keeping or making statistics of any transactions both monetary or non-financial. Transactions are listed in an accounting magazine that suggests a company's debit and credit score balances. The journal entry can encompass several recordings, every of that is either a debit or a credit score.

Magazine entries document all transactions for a business. Transactions are broadly described as any monetary interest that affects the business. they're not restricted to the shopping for and promoting of products and services, however consist of any alternate of economic fee, together with hobby payments, depreciation, charges, or payroll.

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Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $58. What is Tobin’s Q for Smolira Golf? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

Note: Missing question is attached below

Market value of equity = Shares * Share price = 20,000 * $58 = $1,160,000

Total debt = Current liabilities + Long term debt = $83,416 + $145,000 = $228,416

Book value of assets = $627,868

Tobin's Q = MV of equity + Bv of debt / Bv of assets

Tobin's Q = $1,160,000 + $228,416 / $627,868

Tobin's Q = 2.21

Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of
Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of

A sound savings program and adequate insurance protection form the foundation of financial security.
True or false

Answers

Answer:

True

Explanation:

Financial security is the satisfaction that one has sufficient money to meet their daily expenses, cover for emergencies, and work towards meeting their financial goals. Achieving financial security is a long-term goal for many individuals and organizations. Meeting this objective requires following certain principles.

A savings plan and insurance are some of the foundations for achieving financial security. Saving helps one attain financial goals, while insurance is essential in case of emergencies. Having a personal financial plan, with or without a personal finance manager, is another vital element in achieving financial security.

Assume the expected inflation rate in a country is 3%, the current unemployment rateïs 6 of unemployment is 4%. a. Draw a correctly labeled graph of the short-run and long-run Phillips curves. Label the current short-run equilibrium as point X and plot the numerical values above on the graph b. Is the actual inflation rate greater than, less than, or equal to the expected inflation rate of 3%? c. Assume loans were made taking into account the expected inflation rate of 3%. Will lenders be better off or worse off after they realize the actual inflation rate identified in part (b)? Explain d. Based on the relationship between the actual and the expected inflation rates identified in part (a), what will happen to the natural rate of unemployment in the long run?

Answers

In the short run, the inverse relationship between inflation and unemployment is apparent, while in the long run, this relationship becomes unclear.

Long-run Phillips curve is vertical, indicating that there is no relationship between inflation and unemployment rate in the long run. The short-run Phillips curve is a curve that slopes downwards, indicating an inverse relationship between the inflation rate and unemployment rate. Label the current short-run equilibrium as point X and plot the numerical values above on the graph's) The actual inflation rate is greater than the expected inflation rate of 3%.c) Lenders will be worse off after they realize the actual inflation rate because the inflation rate is greater than the expected inflation rate, which means the actual purchasing power of the money is less than what was expected) Based on the relationship between the actual and the expected inflation rates identified in part (a), the natural rate of unemployment will not be affected in the long run as the natural rate of unemployment is a structural component of the economy, unaffected by the changes in inflation rates.

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The California Food Handler Card law requires food handlers to _____.


wash their hands

register with the California Restaurant Association

take food management training

undergo basic food-safety training

Answers

Answer:

undergo basic food-safety training

Explanation:

The California Food Handler Card law demands that every restaurant employee be trained on food safety practices to eradicate or minimize the possibilities of transmitting diseases. The law requires a reasonable level of training to ensure conformity with best practices in food handling.

Each restaurant must maintain records showing each employee is trained and possesses a valid California Food Handler Card. The card should be availed on request by the local enforcement officials upon request.

tim and jim sell the same product however time sells his product at the lowest price in the market which stratgey is tim using

Answers

Answer:

Basically if it is second hand then your selling it cheap

Explanation:

the question don't even make sense that is why I didn't give you the full answer . Sorry by the way !

Answer:

Cost leadership strategy

Explanation:

Its right

Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?

Answers

Answer:

Narrow targeting

Explanation:

1% of 250,000 is 2,500

10% of 50,000 is 5,000

A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.

What is social media?

Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.

The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.

The calculation are:

1% of 250,000 is 2,50010% of 50,000 is 5,000

As a result, the significance of the social media are the aforementioned.

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Your grandmother is trying to determine the value of her bond portfolio and turns to you for help. Find the current market values of the components of your grandmother’s portfolio. a) 100 zero coupon bonds with a $1,000 face value and 4 years to maturity. The YTM on these bonds is 4.6% (assume annual compounding here). What is the total value of these 100 zero coupon bonds? b) 50 bonds with a $1,000 face value and a coupon rate of 7%. These bonds have 12 years left to maturity and pay coupons on a semiannual basis. The YTM of these bonds is 7.5%. What is the total value of these 50 bonds?

Answers

The total value of your grandmother's bond portfolio is approximately $5,295.69. This includes $838.55 from 100 zero coupon bonds and $4,457.14 from 50 coupon bonds.

a) To calculate the value of the zero coupon bonds, we can use the formula:

Value = Face Value / (1 + YTM)ⁿ.

Plugging in the values, we have:

Value = 1000 / (1 + 0.046)⁴.

Solving this equation, we find that the total value of the zero coupon bonds is approximately $838.55.

b) For the coupon bonds, we need to calculate the present value of the coupon payments and the face value. We can use the formula:

Value = (Coupon Payment / (1 + YTM/2)²ⁿ) * [1 - 1 / (1 + YTM/2)ⁿ] + (Face Value / (1 + YTM/2)ⁿ).

Plugging in the values, we have:

Value = (35 / (1 + 0.075/2)²¹²) * [1 - 1 / (1 + 0.075/2)¹²] + (1000 / (1 + 0.075/2)¹²). Solving this equation, we find that the total value of the 50 coupon bonds is approximately $4,457.14.

Therefore, the total value of your grandmother's bond portfolio is the sum of the values from parts a) and b), which is approximately $5,295.69.

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Which of the following goods would be included in the calculation of gross domestic product? Select the two correct answers. (1 point)
1.Steel sold to an automobile manufacturer.
2.Notebooks sold to students.
3.French fries sold to customers at a restaurant.
4.Chemicals sold to pharmaceutical developers.
5.Lumber sold to construction firms.

Answers

Considering the available options, the goods that would be included in the calculation of gross domestic product include "Notebooks sold to students."

The other good that would be included in the calculation of GDP is "French fries sold to customers at a restaurant."

What is GDP?

GDP or Gross Domestic Product as it's generally defined as the summation of consumer spending (C), business investment (I), government spending (G), and net exports.

Consumer spending is the sales of used goods and sales from inventories of goods.

Here the used goods include the Notebooks sold to students and French fries sold to customers at a restaurant.

Hence, in this case, it is concluded that the correct answer is options B and C.

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What is the maximum output that the economy can sustain over a period of time called? O A. productive capacity O B. economic output O C. controlled incentive O D. maximum spending​

Answers

Answer:

A. Productive capacity

Explanation:

In 2012, the Pandora Box Company made a rights issue at €9 a share of one new share for every four shares held. Before the issue there were 9.4 million shares outstanding and the share price was €10.
a. What was the total amount of new money raised?
b. The rights issue gave the shareholder the opportunity to buy one new share for less than the market price. What was the value of this opportunity per share owned?
c. What was the prospective stock price after the issue?
d. How far could the total value of the company fall before shareholders would be unwilling to take up their rights? Now suppose that the company had decided to issue the new stock at €8 instead of €9.
e. How many new shares would the firm have needed to sell to raise the same sum of money?
f. What would be the new value of the opportunity given to shareholders to buy one new share for less than the market price?
g. What would be the prospective stock price after the issue?
h. Now how fa

Answers

The total amount of new money raised can be calculated by multiplying the number of new shares issued with the issue price per share.

In this case, the number of new shares issued is (9.4 million shares / 4) = 2.35 million shares.  Therefore, the total amount of new money raised is 2.35 million shares * €9 = €21.15 million.  The value of the opportunity per share owned can be calculated by subtracting the issue price per share from the market price per share. In this case, the value of the opportunity per share owned is €10 - €9 = €1.

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What does an invasion biologist study?
help me

Answers

Answer:

Invasion biology deals with invasive species. If an “invasive” species is defined as a species that spreads to the detriment of economic interests and public health, however, invasion biology could not be easily distinguished from pest management and public health sciences.

Explanation:

True or False Communication is not always a vital skill in the workplace

Answers

False you need to communicate to work with others..

Communication is always a vital skill in the workplace. The appropriate response is false.

What is communication?

Information exchange is the traditional definition of communication. The expression can be used to describe both the broadcast and the area of study that looks at such transmissions. Information can be given, received, and shared through exchange.

Communication in the workplace is essential since it boosts worker happiness, productivity, and morale. Additionally important is communication for bettering teamwork and cooperation. Individuals, teams, and organizations all perform better when there is effective workplace communication.

Emails and chats you have during the day to request things, ask questions, get information, give or receive instructions, and so on are examples of informal interactions.

In the workplace, communication is a crucial ability.

Hence, the appropriate response is false.

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i was wondering...

has anyone seen my wallet? I got 200 bucks in there I could give you more if you find it and give it to me. really need it for school​

Answers

I doubt anyone here has seen your wallet. Check everywhere in your house and that you go frequently. Then look everywhere 19 more times... But do it like a list:

bedroombathroomkitchenetccheck 1-4 15 times, in that order.

the government's power to tax and spend to influence the economy is called

Answers

The government's power to tax and spend to influence the economy is called fiscal policy.

Fiscal policy refers to the use of government's revenue collection (taxation) and expenditure (government spending) to influence the overall economy. Through fiscal policy, the government can stimulate economic growth, control inflation, manage unemployment, and stabilize the economy during recessions.

By adjusting tax rates, the government can influence individuals' disposable income, consumption, and investment decisions. Government spending plays a significant role in boosting aggregate demand, stimulating economic activity, and creating jobs. Additionally, the government may engage in borrowing to finance budget deficits, which can have implications for interest rates, debt levels, and long-term economic stability.

Overall, fiscal policy is a powerful tool used by governments to influence and manage economic conditions and achieve desired economic outcomes.

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What are three important things to consider when choosing a college 

Answers

Answer:

Best of luck!

Explanation:

1. I would look into their funs if you can, like find out which part of the school gets the most money

2. tuition, dorms, start your FAFSA if you haven't already, look to see if they have your program, degree and major/minor of choice

3. tour the school!!

- clubs that may interest you

- videos online talking about people’s experiences just to get an inside idea

- cafeteria and lounging areas

A famous Caran d'Ache company of Switzerland makes and sells pencils in a perfectly competitive product market and hires workers in a perfectly competitive labor market. Assume that the market wage rate for workers is $120 per day.

Answers

The profit-maximization occurs at that point for a perfectly competitive firm where marginal revenue is equal to marginal cost—that is, where MR = MC.

What is perfect competition?

Perfect competition is a market structure where many firms offer a homogeneous product. Because there is freedom of entry and exit and perfect information, firms will make normal profits and prices will be kept low by competitive pressures.

In the perfect competitive market, there are many firms  in the market; Freedom of entry and exit; this will require low sunk costs and all firms produce an identical or homogeneous product.

The profit-maximization occurs at that point for a perfectly competitive firm where marginal revenue is equal to marginal cost that is, where MR = MC of a firm.

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1 WHICH OF THE FOLLOWING PRODUCT IS LIKELY TO BE MADE USING BATCH PRODUCTION?​

A MOBILE PHONE ​

B TOLIET PAPER ​

C PETROL ​

D CLOTHES ​



2 DENTAL TREATMENT IS PROVIDED USING WHICH FORM OF PRODUCTION ?​

A FLOW PRODUCTION ​

B BATCH PRODUCTION​

C JOB PRODUCTION ​

D CAPITAL INTENSIVE PRODUCTION​



3 WHICH OF THE FOLLOWING IS AN ADVANTAGE OF JOB PRODUCTION RELATIVE TO OTHER PRODUCTION METHOD ?​

A UNIT COST WILL BE LOWER ​

B PRODUCTION SPEEDS ARE FASTER ​

C WORKERS MAY BE BETTER MOTIVATED ​

D FEWER RESOURCES ARE NEEDED ​

Answers

Answer:i THINK num one is C

i THINK num two is B

i THINK num three is D but im not as confedent as the other two.

Explanation:

an interest rate, unless otherwise specified, is typically a(n) rate.

Answers

An interest rate, unless otherwise specified, is typically an annual rate. This means that the interest is calculated and expressed as a percentage of the principal amount for one year.

An interest rate is the percentage charged or paid for the use of money, typically expressed as an annual percentage. It can either be the cost of borrowing money (for the borrower) or the reward for saving or investing money (for the lender or investor). The formula for calculating interest is:

Interest = Principal × Interest Rate × Time

Where: - Interest is the amount of money earned or paid for using the money

- Principal is the initial amount of money borrowed or invested

- Interest Rate is the percentage rate charged or paid (expressed as a decimal)

- Time is the duration for which the money is borrowed or invested (typically in years)

Remember to convert the interest rate from percentage to decimal by dividing it by 100 before using it in the formula.

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Define the set S = {a, b, c, d, e, f, g}. (a) Give an example of a 4-permutation from the set S. (b) Give an example of a 4-subset from the set S. (c) How many subsets of S have exactly four elements? (d) How many subsets of S have either three or four elements? w+z (3x - 2y)when:w= 3x= 2y= - 4z= - 2 PLSSSS HELPPPPPPPPPPPPP The author includes examples of broiler chickens whose legs can't support their bodies and dairy cows that burn out quickly. How do these examples support the author's statement that "selective breeding comes with both benefits and drawbacks"? Which person is showing ingenuity?A. person filing papersB. person taking a napC. person creating something new The fibers used to make cotton cloth are derived from fibers in the plant's ______. A) seed coat. B) herbaceous stem. C) mature leaves. D) woody stem 1. A man treated his home with a pesticide that kills roaches. The first application of thepesticide killed 92% of the roaches. Two months later he applied the pesticide to his home again, butthe second application killed only 65% of the roaches. What would best explain the decrease in theeffectiveness of the pesticide?F The pesticide is effective only against mature roaches.G Once roaches learned how to fight the pesticide, they taught others.H The surviving roaches were naturally resistant to the pesticide, and that resistance wasinherited by their offspring.J The pesticide caused some of the roaches' digestive systems to mutate and metabolizethe pesticide to what extent did the europenan voyages of expansion and conquest inaugurate an era of global history? two less than the product of negative six and 5 eights the advantage of having many nuclei in a skeletal muscle fiber is the ability to contract much more forcefully. produce nutrients for muscle contraction. produce large amounts of muscle proteins. store extra dna for metabolism. produce more atp with little oxygen. Noah spends a winter day recording the temperature once every three hours for science class. At 9 am, the temperature was -13F. Between 9am and noon, the temperature increased by 6.3F. Between noon and 3pm, the temperature rose 3.9F. Between 3pm and 6pm, the temperature decreased by 16.1F. What was the temperature at 6pm? On Monday, a local hamburger shop sold a combined total of 336 hamburgers and cheeseburgers. The number of cheeseburgers sold was three times the number of hamburgers sold. How many hamburgers were sold on Monday if you need 2.5 mole of sodium hydroxide what mass of aodium hydroxide does weight have An interest bearing promissory note with a face value of 20,000 is to be charged interest at the rate of 9.5% p.a. and is due in 12 months.(i)What would be the proceeds of the note if it is sold seven months after the issue date to yield the purchase a rate of 12%p.a.?(ii)In the short time that the original holder held the note,what was the rate of interest earned by the original holder of the promissory note?Please explain the question in detail with the help of formulas.Thanks. 13. Curtis investigated the motion and forces of his dog pulling a wagon. He recorded his data in a table. Which conclusion can be supported by the evidence shown in the table?*1 pointCaptionless ImageA. The forces in entries 1 and 3 are balanced because the wagon is not turning.B. The forces in entries 2 and 3 are unbalanced because there is a change in motion.C. The forces in entries 1 and 2 are balanced because there is no change in speed.D. Only entry 2 has unbalanced forces because there is a change in direction. Make a conversation between a rail employee and a traveler. Use expressions:.. Enter the correct value so that each expression is a perfect square trinomial what is a mobile equipment maintenance??? Question 5 of 15 A payment of $2,250 is due in 2 years and $3,300 is due in 4 years. These two original payments are to be rescheduled with a payment of $1,950 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 3.5% compounded monthly. $0.00 X Round to the nearest cent Find the linear equation of the plane through the point (2,7,9) and parallel to the plane x+4y+2z+4=0. Equation: