The coupon rate of a bond determines the percentage of interest earned on the bond each year. Samantha purchased a five-year municipal bond for $600. After the bond matured five years later, she had received a total of $720 in principal plus interest payments. What is the coupon rate of Samantha's bond?4%5%10%12%20%
If company JCN made a $1196.7 million profit last year, with $798.9 million of that profit brought in by the sales department, then approximately what percent of the total profit was not brought in by the sales department?3.3%6.6%20%33%67%
Adrian took out a students' loan that charges 10% annual simple interest. If Adrian paid back a total of $1200 in interest alone during the first four years , how much was Adrian's original loan, in dollars?$1,000$3,000$4,000$ 6,000$12,000
Determine the value of x in the following triangle.
Course Grade You were 6 points shy of a B in yo394. How many points were possible in the course?mathematics course. Your point total for the course was(Assume that you needed 80% of the course total for a B.)
Fred deposits $6,500 in a saving account that pays 0.5% interest, compounded quarterly. Round each answer to the nearest cent.a. Find the first quarter's interest. b. Find the first quarter's ending balance. c. Find the second quarter's interest. d. Find the second quarter's ending balance. e. Find the third quarter's interest. f. Find the third quarter's ending balance. g. Find the fourth quarter's interest. h. What is the balance at the end of one year? i. How much interest does the account earn in the first year?
A rectangular piece of metal is 9 centimeters long and 6 centimeters wide. What is its area?