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Author Question: Yvonne Plaatje lives in a state having a sales tax of 6. Yvonne Plaatje crossed the state line into ... (Read 148 times)

skymedlock

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on: Jun 24, 2018
Yvonne Plaatje lives in a state having a sales tax of 6. Yvonne Plaatje crossed the state line into a state having a 3 tax rate to make a purchase in the amount of 562 . If transportation to the next state cost Yvonne Plaatje 20, compute the amount lost by purchasing in another state.

Question 2

An investor bought an 8  bond at 108 . The bond would mature in 8 years. Compute the rate of yield to maturity. (Round answer to two decimal places.)


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triiciiaa

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Reply #1 on: Jun 24, 2018
Answer to Question 1

3.14

Answer to Question 2

7.21


skymedlock

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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