On July 1, 20Y1, Danzer Industries Inc. Issued $47,500,000 of 10-year, 10% bonds at a market (effective) interest rate of 12%, receiving cash of $42,051,560. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year.

i dont understand the question? ?

step-by-step explanation:

y = 3x+4

step-by-step explanation:

to find the slope

slope = (y2-y1)/ (x2-x1)

    = (-8-4)/ (-4-0)

    = -12/-4

  = 3

using the slope intercept form of a line

y= mx+b

we know the slope is 3

we know the y intercept is 4 ( the point where it crosses the y axis or x=0)

y = 3x+4