If the current yield of a bond goes down from 6.1% to 4.2%, by what percent does the market price increase? Round your answer to the nearest percent.

Q: In 1983 the average tuition for one year at an Ivy League school was $11,800. Thirty years later, in…

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Q: Suppose the price of a certain item increases by 3.8% a total of 5 times, and then decreases by 2% a…

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Q: The normal price of certain 50-inch LED television set at Buy Big is $799. After Thanksgiving, Buy…

A: Please refer to the image below.

Q: Consider a credit card with a balance of $7000 and an APR of 16.5%. If you want to make monthly…

A: Solution:

Q: A person buys an item for $1,500 and then wants to make a 30% profit What should the selling price…

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Q: What is the rate of interest ( as a % ) on a loan of $7000, for 236 days, if the amount of interest…

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Q: as a percent, pay on (a) What interest rate, to the nearest tenth of a percent, will the bank pay on…

A: In this question the relation between interest rate and time ( in months) given, so one can get…

Q: n​ 2016, the US population was 323​ million, the federal debt was​ $19.5 trillion, and the federal…

A: Given that  US Population (n) = 323 million Federal debt = $19.5 trillion = 19,500,000 million.…

Q: The market share of Galaxy Industries' main product increased by 16 percentage points last year. If…

A: It is given that the initial market share percentage of Galaxy Industries is 40%. Last year, the…

Q: A company is expected to result 600$ savings annually for the 5 years, if the rate of interest is 7%…

A: To find- A company is expected to result 600$ savings annually for the 5 years, if the rate of…

Q: The entry level pay for a safe way factory job is $16.50/hour. If you make it past the probationary…

A:

Q: Chuong Ngo borrows $3200 from a bank that advertises a 9% simple interest rate and repays the loan…

A: Given Borrows amount =$3200Interest rate(r)=9%=9100=0.09n=4The annual percentage rate (APR) of a…

Q: there is 73% increase on a$89 item then how much is the new cost for next year? Round your answer to…

A: NOTE: Refresh your page if you can't see any equations. . the initial cost is $89 so take a=89 73%…

Q: When real estate is sold, the year's property taxes are allocated to the vendor and the purchaser in…

A: Since the number of days from January 1 to August 7 = January ( 31 ) + February ( 28 ) + March ( 31…

Q: You purchase a mutual fund at an offer price of $15.79 per share. If the net asset value is $15.26,…

A: The solution is given below.

Q: A department store is offering the same percentage discount on all of their sweaters. Suppose a…

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Q: Over a period of a week, a stock index did the following: On Monday the index went up by 2.9%, on…

A: Consider that at very first day the stock index was 100x.

Q: A Chevy Volt costs $21,500 in the United States. Using the exchange rate given in the WSJ's…

A: As we see that there are 1.1341 Canadian dollar in 1 US dollar. So, 1 US dollar= 1.1341 Canadian…

Q: The value of your stock investment in a certain company decreased 10 % over the last year. If the…

A: The problem regarding stock investment. percentage of decreases is given. And we have to calculate…

Q: The phrase annual percentage rate leads some to believe that if you borrow $9000 from a credit card…

A: The Amount(A) on the APR(annual interest rate) r% for t years can be calculated as : A= P.(1+rt)…

Q: An office supply store adds a $2.50 markup to calculators and sells them for $5.95.  What is the…

A:

Q: 10 years ago, you purchased shares of stock in a corporation. Between then and now, the stock had a…

A: Given 10 years ago, you purchased shares of stock in a corporation. Between then and now, the stock…

Q: Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.75 each. If a spoilage rate of 5% is…

A: Cost of making 200 cherry cheesecakes = 200 × 2.75 = $550 5 % of cherry cakes spoiled = 5100×200 =…

Q: An insurance company pays claims for bills from a physical therapist as follows: They take the…

A: Given  Actual bill is reduced by 10% Percentage paid of the remaining amount =35%

Q: If you have a business loan and you pay 1,133.62 each month for 20 years on the loan, what is the…

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Q: A car is listed to sell at $21,100. The salesperson offers to sell it to you for $17,700. What…

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Q: A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the…

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Q: What lump sum do parents need to deposit in the account earning 7%, compunded monthly, so that it…

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Q: Shareholders in an electronics company were informed that the company's market share increased from…

A: Given ,  Shareholders in an electronics company were informed that the company's market share…

Q: Lauren and Serena each have 58-week loans. At the end of their terms, they each repay $2,187.…

A: Simple interest rate is = 11.4%   Time period = 58weeks   Now, the total amount is principal +…

Q: A 3 year bond costs $3,000 and will pay a total of $200 interest over its lifetime. What is its…

A: Topic=algebra

Q: You recieve a 7% decrease in your pay. What percentage increase in pay would you have to recieve in…

A: Let Original payment be = x        Received payment = x - 7100 x…

Q: A state legislature plans 10% motor vehicle tax cuts for each of the next 3years. What will the…

A:

Q: A typical high-income household in 1980 earned $133,979. A similar household in 2009 earned…

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Q: You borrow $3,053 from a friend and promise to pay back $3,999.43 in 5 years. What simple interest…

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Q: What price should the PTA charge if they want to make this raffle "fair"

A: Given data: The number of tickets is n=1000. Price of one ticket is p=$5. Highest reward worth is…

Q: A car dealer will sell you the $16,450 car of your dreams for $3,290 down and payments of $333.97…

A: Introduction: APR is a term that is used in financial mathematics. It represents the annual…

Q: A typical middle-income household in 1980 earned $33,636. A similar household in 2009 earned…

A:

Q: The library at a certain university reported that journal prices had increased by 160% over a period…

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Q: A friend has an IRA with an APR of 3%. She started the IRA at age 30 and deposits $125 per month.…

A: Use the formula of future value to determine the value of IRA.

Q: What was the trade discount rate if items sold with a list price of $7,950 were sold at a net price…

A: To find the trade discount rate

Q: Suppose your salary in 2014 is $70,000$⁢70,000. If the annual inflation rate is 5%5%, what salary do…

A: Given: Salary in 2014 is, P=70000 Inflation rate per annum, r=5% The objective is to find the salary…

Q: If inflation has been running at 4.07% per year and a new car costs $23,700 today, what would it…

A: Given that  Inflation has been running per year=4.07% Cost of a new car=$23700 To find  The cost of…

Q: If inflation has been running at 2.51% per year and a new car costs $36,400 today, what would it…

A: We have to use compound interest series formula. Let 4 years ago the price was x. Therefore…

Q: Approximately 490,000 birds were killed by wind turbines in a given country. It is estimated that…

A: Total number of birds killed in the first year = 490,000Now after ten year this was become…

Q: An entry level programmer's annual pay is $⁢57,616 based on 52 weeks per year. Due to the economy,…

A: The annual pay of an entry-level programmer based on 52 weeks per year = $57,616 Cut back on weeks =…

Q: Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.25 each. If a spoilage rate of 5% is…

A: No of cherry cheesecakes made by the bakery = 200 A spoilage rate of 5% is anticipated. This…

Q: The value of your stock investment in a certain company decreased 20 % over the last year. If the…

A:

Q: Last year’s freshman class at Big State University totaled 5,340 students. Of those, 1,252 received…

A: The scholarship amount is normally distributed with mean = $3,462 and standard deviation = $482…

Q: Supriya invested $14,320 in a highly rated ETF. At the end of four years, she had $18,434. What was…

A: Principal = $ 14,320, Amount = $ 18,434, Time = 4 years Here n=1, because annual yield is to be…