Question

I need help with all 4 of these . And I do need to show work for all of them

Answer 1

Explanation:

11) Profit = Selling price - purchase price - other expenses

`= (2000*7)-12780-26=1194`

12) Profit = Selling price - purchase price - other expenses

`=52.25(550)-28275-32=430.50=430`(after rounding off)

13) Annual interest on bond

=INterest rate on face value of bond for 1 year

`=2000(6%)=120`

14)Cost of bond

= quoted value (rate)

=3500(80.5)

=2817.50

15) Cost of bond

= quoted value (rate)

=4250(83.5)

=3548.75