subject
Mathematics, 11.10.2019 02:00 lunaandrew332

Jim wants to start investing in bonds. he checks with two brokers to ask them for suggestions of bonds to buy. broker j, who charges a commission of 3.6% of the market value of all bonds sold, recommends for jim to buy three par value $500 bonds from the city of danville, a par value $1,000 bond from raxin accounting, and two par value $1,000 bonds from united rotators. danville bonds are selling at 114.212, raxin accounting bonds are selling at 79.941, and united rotators bonds are selling at 102.844. broker k, who charges a fee of $28 for each bond sold, recommends that jim buy five par value $500 bonds from fort bend county, a par value $1,000 bond from the u. s. treasury, and two par value $500 bonds from iwad records. fort bend bonds are selling at 91.090, treasury bonds are selling at 101.163, and iwad records bonds are selling at 107.252. based on the current information, which broker’s bond package will cost jim less money up front, and how much less will it cost him? a. broker j’s suggestion will cost jim $59.57 less than broker k’s suggestion. b. broker j’s suggestion will cost jim $62.00 less than broker k’s suggestion. c. broker k’s suggestion will cost jim $148.57 less than broker j’s suggestion. d. broker k’s suggestion will cost jim $208.07 less than broker j’s suggestion.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Ricky takes out a $31,800 student loan to pay his expenses while he is in college. after graduation, he will begin making payments of $190.66 per month for the next 30 years to pay off the loan. how much more will ricky end up paying for the loan than the original value of $31,800? ricky will end up paying $ more than he borrowed to pay off the loan.
Answers: 1
question
Mathematics, 22.06.2019 00:10
Change negative exponents to positive, then solve
Answers: 1
question
Mathematics, 22.06.2019 00:30
Vertical angles must check all that apply
Answers: 3
question
Mathematics, 22.06.2019 02:00
Which of the following transformations will make coincide with ? a. counter-clockwise rotation 90º about a, followed by a translation 5 units to the right b. translation 5 units to the right, followed by a reflection across the y-axis c. translation 5 units to the right, followed by a reflection across the x-axis d. translation 1 unit up and 5 units to the right, followed by a reflection across the x-axis
Answers: 3
You know the right answer?
Jim wants to start investing in bonds. he checks with two brokers to ask them for suggestions of bon...
Questions
Questions on the website: 13722360