The median value is 26.5, the first quartile is 24, the third quartile is 35.5, and the highest value is 38. The lowest value is thus 20.
How to find out mean median and first quartile?We can plot the data on a number line to determine the data's least value, first quartile, median, third quartile, and greatest value:
20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38\s| | | |
The leftmost number on the number line and the lowest value is 20.
We can split the data into four equal sections to determine the quartiles. The data's middle value is known as the median. We choose the average of the two middle values because there are an even number of data points. The midpoint is:
(26 + 27)/2 = 26.5 is the median.
We calculate the median of the lower half of the data to determine the first quartile:
(23 + 25)/2 = 24 for the first quartile.
We determine the median of the upper half of the data to determine the third quartile:
Third quartile: (34.5) ((34 + 37)/2)
The rightmost number on the number line, 38, has the highest value.
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Given that OA =3x+7y
OB = 5x+6y and CD =6x-3y
Explain the geometrical relationship between the straight lines AB and CD.
(I know its parallel but how to prove?)
With given linear equations of lines, the straight lines AB and CD are not parallel.
What is a linear equation?
In mathematics, a linear equation is an equation that can be written in the form:
y = mx + b
where "y" and "x" are variables, "m" is the slope of the line, and "b" is the y-intercept, which is the point where the line crosses the y-axis.
A linear equation represents a straight line on a graph and describes a linear relationship between two variables. The slope "m" determines how steep the line is, while the y-intercept "b" determines where the line crosses the y-axis.
Now,
To determine if the lines AB and CD are parallel, we need to compare their slopes. If the slopes are equal, then the lines are parallel.
The slope of a line is given by the coefficient of "x" in its equation when it is written in the form of y = mx + b, where "m" is the slope.
For line AB, we have:
OA = 3x + 7y
OB = 5x + 6y
Subtracting the equation for OA from the equation for OB, we get:
OB - OA = (5x + 6y) - (3x + 7y)
= 2x - y
So the slope of line AB is:
m_AB = (change in y) / (change in x) = -2 / 1 = -2
Now, for line CD, we have:
CD = 6x - 3y
So the slope of line CD is:
m_CD = (change in y) / (change in x) = -3 / 6 = -1/2
Since the slopes of line AB and line CD are not equal, i.e., m_AB ≠ m_CD, we can conclude that the lines are not parallel to each other.
Therefore, the geometrical relationship between the straight lines AB and CD is that they are not parallel to each other.
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Five dozen eggs cost R60 [r/dozen]
When Five dozen eggs cost R60 [r/dozen], the value of R is 3600.
What is dozen?The term "dozen" or "dz" refers to a group of twelve.
Because there are roughly 12 lunar cycles (or months) in each solar cycle (or year), the number 12 may be one of the earliest primitive integer groupings. Twelve is useful because it has the most divisors among numbers up to its double, a characteristic that is only true of the numbers 1, 2, 6, 12, 60, 360, and 2520.
The duodecimal system, also known as the dozenal, was developed in Mesopotamia and uses the number twelve as its base (see also sexagesimal). By counting each finger bone with one's thumb, one can quickly count in base-12 on their hands.
Given 5 dozen of egg costs = R/60
That is
5 × 12 = R/60
60 = R/60
R = 60 × 60
R = 3600
Thus, When Five dozen eggs cost R60 [r/dozen], the value of R is 3600.
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Complete question:
Five dozen eggs cost R60 [R/dozen]. Find the value of R.
Look at the image below:
The required correct match for the given problem has been shown below.
What is a number system?A number system is described as a process of composing to designate digits. It is the mathematical inscription for describing the numbers of a given set by using numbers or other symbols in a uniform method. It delivers a special presentation of every digit and describes the arithmetic structure.
Here,
3 2/7 = 23/7 = 3.2 between 3 and 4
-3 7/8 = -31/8 = -3.875 between -3 and -4
-3/8 = -0.375 between 0 and -1
-0.9 between 0 and -1
1/7 between 0 and 1.
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What is the area of 2 ft 2 ft and 6ft?
The Area would be 4ft because 2x2=4 its basic multiplication,
And I don't really understand why you also put 6ft but if you're saying 2ft x 6ft then that would be 12ft.
Hope that helps <3
Describe the difference between simple and compound interest.
A. Simple interest is interest computed on the original principal as well as on any accumulated interest. Compound interest involves interest calculated only on the principal.
B.Simple interest involves interest calculated only on the principal. Compound interest is interest computed only on the accumulated interest.
C.Simple interest involves interest calculated only on the principal. Compound interest is interest computed on the original principal as well as on any accumulated interest.
D.There is no difference between simple and compound interest.
Answer:
C. Simple interest involves interest calculated only on the principal. Compound interest is interest computed on the original principal as well as on any accumulated interest.
Step-by-step explanation:
you pick a card at random. 2 3 4 What is P(odd)? Write your answer as a fraction or whole number.
The answer in a fraction or whole number. is P(odd) = 1/3.
What exactly is the fractions rule?Fractions represent the parts of a whole or collection of objects. A fraction has two parts. The number on the top of the line is called the numerator. It tells how many equal parts of the whole or collection are taken.
The number below the line is called the denominator. It shows the total number of equal parts the whole is divided into or the total number of the same objects in a collection
According to the fundamental principle of fractions, a fraction retains its value whenever its numerator or denominator were multiplied by a single non-zero number. It can be used to multiply or divide two fractions.
Only 3 is odd among the integers 2, 3, and 4. As a result, there is a 1/3 chance of selecting an odd number (1 out of 3).
P(odd) is equal to 1/3 as a result.
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Use the Simple Interest formula to find the simple interest. (l=prt)
The Simple Interest is $112.5
What is Simple Interest?
Simple Interest is is a method to calculate the amount of interest charged on a sum at a given rate and for a given period of time.
In simple interest, the principal amount is always the same, unlike compound interest where we add the interest of previous years principal to calculate the interest of the next year.
Simple Interest = P * R * T/100
Where P = Principal = $2500
Rate = 1.5%
Time = 3 years
Simple Interest = 2500 * 1.5 * 3/100
Simple Interest = 11250/100
Simple Interest = $112.5
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The probability of buying a movie ticket with a popcorn coupon is 0.546 and without a popcorn coupon is 0.454. If you buy 27 movie tickets, we want to know the probability that exactly 15 of the tickets have popcorn coupons. (Consider tickets with popcorn coupons as successes in the binomial distribution.)
What value should you use for the parameter p?
Given, P(X=15) and using the probability mass function we get
(27C15)(0.546)¹⁵(1-0.546)²⁷⁻¹⁵=0.1523
What is Probability?
Probability is simply how likely something is to happen. The occurrence of an event will be in the range of 0 to 1. Mathematics has incorporated probability to forecast the likelihood of various events.
What is the Probability mass function?
The probability distribution of a discrete random variable, or probability mass function, gives the potential values and the corresponding probabilities.
According to the problem,
Let X be the random variable of interest, on this case we know that:
X∼Binom (n=27,p=0.546)
The probability mass function for the Binomial distribution is given as:
P(X)=(nCx) (pˣ) (1-p)ⁿ⁻ˣ,
here,
(nCx) = n !/(n-x)!( x)!
For finding Probability and by using the mass function :
P(X=15) = (27C15)(0.546)¹⁵(1-0.546)²⁷⁻¹⁵ = 0.1523
The value of p will be 0.546
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an angle measures 153.4 degrees more than the measure of its supplementary angle
Answer: Let x be the measure of the angle in degrees. Then, the measure of its supplementary angle is 180 - x degrees.
We are told that the angle measures 153.4 degrees more than its supplementary angle. Using this information, we can set up an equation:
x = (180 - x) + 153.4
Simplifying this equation, we get:
2x = 180 + 153.4
2x = 333.4
x = 166.7
Therefore, the angle measures 166.7 degrees, and its supplementary angle measures:
180 - x = 180 - 166.7 = 13.3 degrees
We can check that the angle and its supplementary angle add up to 180 degrees:
166.7 + 13.3 = 180
So our solution is correct.
Step-by-step explanation:
Why do people use the formula: n x (n+1)/2 to find the the sum of the first thirty consecutive whole numbers
The sum of the first 30 consecutive whole numbers is 465.
What are consecutive numbers?
Consecutive numbers are numbers that follow each other in order without interruption, with a difference of 1 between each two adjacent numbers. For example, 3, 4, 5, 6, and 7 are consecutive numbers.
The formula n x (n+1)/2 is used to find the sum of the first n consecutive whole numbers because it provides a quick and efficient way to calculate the sum without having to add all the numbers individually.
To understand why the formula works, consider the sum of the first n numbers: 1 + 2 + 3 + ... + (n-1) + n. We can rewrite this sum in reverse order, starting with n and working down to 1: n + (n-1) + (n-2) + ... + 2 + 1.
If we add these two expressions together, we get:
(1 + n) + (2 + n-1) + (3 + n-2) + ... + (n-1 + 2) + (n + 1)
Notice that each pair of terms in parentheses adds up to n+1. There are n/2 pairs of terms, so the sum of the first n numbers is:
n/2 x (n+1)
Simplifying this expression gives the formula:
n x (n+1)/2
So to find the sum of the first 30 consecutive whole numbers, we can substitute n=30 into the formula:
30 x (30+1)/2 = 15 x 31 = 465
Therefore, the sum of the first 30 consecutive whole numbers is 465.
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K
A golf ball is hit with an initial velocity of 140 feet per second at an inclination of 45° to the horizontal In physics, it is established that the height h of the golf ball is given by the function
- 32x²
h(x)=-
140²
where x is the horizontal distance that the golf ball has traveled Complete parts (a) through (g)
(a) Determine the height of the golf ball after it has traveled 100 feet
h= feet (Round to two decimal places as needed)
Answer:
6.25 seconds
Step-by-step explanation:
Using the the equation
h = 100t − 16t^2
The ball hits the ground, when h = 0, solving below equation:
100t − 16t^2 = 0
4t(25 - 4t) = 0
t = 0 seconds, this is the starting point when ball was hit
25 - 4t = 0 ⇒ 4t = 25 ⇒ t= 25/4 = 6.25 seconds later the ball hits the ground
Find the center and radius of this equation and then graph the circle
(X-3)^2+y^2=9
The center of this circle is (3,0) and its radius is 3.
It is required to find the center and radius of the circle.
What is circle?A circle is a closed two-dimensional figure in which the set of all the points in the plane is equidistant from a given point called “centre”. The perimeter around the circle is known as the circumference.
here, we have,
Given that: (X-3)^2+y^2=9
The equation of a circle in standard form is:
(x -a)² + (y-b)² = r²
The x-coordinate of the center is a the y-coordinate of the center is b
, and r is the radius.
In this case,
a=3
b=0
and
r=3.
Hence, the center of this circle is (3,0) and its radius is 3.
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Lauren has $900 in a savings account that earns 10% interest per year.The interest is not compounded. How much will she have in total in 1 year?
[tex]~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$900\\ r=rate\to 10\%\to \frac{10}{100}\dotfill &0.10\\ t=years\dotfill &1 \end{cases} \\\\\\ A = 900[1+(0.10)(1)] \implies A = 990[/tex]
Evaluate the expression 4xy-(x+7) if x=-2 and y=5
Given:-
[tex] \tt \: x = -2[/tex][tex] \: [/tex]
[tex] \tt \: y = 5[/tex][tex] \: [/tex]
Solution:-
[tex] \tt \: 4xy - ( x + 7 )[/tex]now , put the given values of x = -2 nd y = 5 in equation :
[tex] \: [/tex]
[tex] \tt \: 4( -2 ) ( 5 ) - ( -2 + 7 )[/tex][tex] \: [/tex]
[tex] \tt \: -8( 5 ) - 5[/tex][tex] \: [/tex]
[tex] \tt \: -40 - 5[/tex][tex] \: [/tex]
[tex] \boxed{ \tt{ \orange{ \:-45 \: }}}[/tex][tex] \: [/tex]
━━━━━━━━━━━━━━━━━━━━━━━━━━━
hope it helps! :)
Answer:-45
Step-by-step explanation:
first plug in the x and the y values
4(-2)(5)-(-2+7)
The start using pemdas to simplify
*or bodmas depends on what you learned
Then you should arrive to this
4(-2)(5)+ -(5)
-8(5)+ -5
-40-5= -45
Hope that helps
A cubical tank whose edges each measure 12 centimeters is half-filled with water. The water is poured into an empty rectangular tank measuring 10 centimeters by 8 centimeters by 7 centimeters until it is full. How much water is left in the cubical tank? Give your answer in millimeters.
The amount of water left in the cubical tank would be; 3040000 mm³
What is a cube?A cube is a three-dimensional representation of a square. it has 6 faces 2 on the bottom and top, 4 on the sides faces.
We know that Volume of a cube = a³ ; a = size of edge
Volume of cubical tank = 12³
= 1728 cm³
Now, Half filled cube = 1728 / 2
= 864 cm³
Volume is f rectangular tank :
V = length x width x height
V = 10 * 8 * 7 = 560 cm³
Volume of water left in cubical tank will be;
(864 - 560) = 304cm³
1cm³ = 1000mm³
Therefore,
304cm³ = 304 x 1000 = 3040000mm³
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In a board game, Maliq gets x points for landing on a red space, 2x points for landing on a blue space, and 5x points for going all the way around the board.He lands on 21 red spaces,19 blue spaces, and goes around the board twice, for a total of 21x+19 x 2x + 2 x 5x points. Which expression also represents Maliq's total points?
Answer Choices
A. (21+19)2x + 10x
B. 42x
C. 69x
D. (21+ 19 +2)(x+ 2x+5x)
Therefore , the solution of the given problem of expressions comes out to be option C. 69x is the right response.
What is an expression?
Calculations like multiplying, dividing, joining, and presently removing are required. If they were put together, it would say: An equation, some statistics, and a mathematical formula A statement of truth is composed of values, components, and mathematical processes like additions, subtractions, errors, subdivisions, and arithmetic formulas. Words and phrases can be evaluated and analysed.
Here,
The formula 21x + 19(2x) + 2(5x) can be made simpler as follows:
=> 21x + 38x + 10x = 69x
Maliq's total scores can therefore be written as 69x.
To determine which decision is equivalent to 69x, we can also look through the answer options.
A.
=> (21+19)2x + 10x = 40(2x) + 10x = 80x + 10x = 90x,
which is not equivalent to 69x..
B. 42x and 69x are not equal.
C. 69x is the same as 69x.
D. The sum of
=> (21+19+2)(x+2x+5x) = 42(8x) = 336x does not equal 69x.
Therefore, C. 69x is the right response.
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Nathan drove 234 miles in 6 hours. On average how fast did he drive in miles per hour?
Answer:
To find the average speed in miles per hour, we need to divide the total distance by the time taken:
Average speed = Total distance / Time taken
Average speed = 234 miles / 6 hours
Average speed = 39 miles per hour
Therefore, Nathan's average speed was 39 miles per hour.
Step-by-step explanation:
Answer:
Nathan drove an average of 39mph
Step-by-step explanation:
r=d/t
rate=234/6
234+6=240
240/6=40
Because we added a six, we need to subtract one:
40-1=39
Nathan drove an average of 39mph
What is CP means ? Can anyone help me
The cost price of an item is the sum paid to acquire it or the cost at which it was produced. The cost price is denoted by the letter C.P.
Step-by-step explanation:we made money when we sold a product we used the formula are :
The Formula for Cost Price (CP) : Selling Price (SP) - Profitwe lose money while selling a product. we used formula are :
The Formula for Cost Price (CP) : Selling Price (SP) + LossThe profit (gain) percentage and selling price are :
The Formula for Cost Price(CP) : {100/(100 + Profit %)} x SP.The loss percentage and SP are :
The Formula for Cost Price(CP) : {100/(100 - Loss %)} x SPKnow more:By comparing the profit to the selling price the CP is used to confirm the profit. This implies that there is a profit in the purchase if the original value, which is the C.P.is lower than the selling price. Additionally the purchase will result in a loss if the C.P. is higher than the S.P.
9. A square pyramid is shown. 4 m 6 m 6 m What is the surface area of the pyramid?
The surface area of the pyramid, given the dimensions of the pyramid can be found to be 1, 188 m ²
How to find the surface area of a pyramid ?The surface area of a pyramid can be found by the formula :
= Base area of pyramid + 12 x ( Perimeter of the base x Slant height )
The surface area of this pyramid is :
= ( 6 x 6 ) + 12 x ( ( 6 + 6 + 6 + 6 ) x 4 )
= 36 + 12 x ( 24 x 4 )
= 36 + 12 x 96
= 1, 188 m ²
In conclusion, the surface area of the pyramid is 1, 188 m ².
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A survey of 292 SPC students was taken at registration. Of those surveyed:
73 students had signed up for a Math course
54 students had signed up for a Language Arts course
34 students had signed up for a Humanities course
17 students had signed up for both a Math and Language Arts course
9 students had signed up for both a Math and Humanities course
9 students had signed up for both a Language Arts and Humanities course
4 students had signed up for all three courses
How many students had not signed up for any of these three courses?
274 students had not signed up for any of the three courses.
What is the inclusion-exclusion tenet?A counting method called the inclusion-exclusion principle is used to determine how many items there are in the union of two or more sets. The basic concept is to start by counting the components in each set, but we then need to adjust for any items that are in multiple sets. The number of elements in the intersection of any two sets must be subtracted in order to make this repair, and the items in the intersection of any three sets must be added back in. When it comes to combinatorics and probability theory counting difficulties, the inclusion-exclusion principle is a helpful tool.
The total number of students signed up for the course is:
73 + 54 + 34 = 161
This includes multiple courses together. To get the accurate number we subtract the number of students that signed up for 2 courses.
(17 + 9 + 9) + 4 = -22 + 4 = -18
The negative count means we have overcounted, so we need to subtract this number from the total number of surveyed students:
292 - 18 = 274
Hence, 274 students had not signed up for any of the three courses.
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Find the mean,median,mode and range for 6,6,14,22,33,49,54,61,72,86
Answer:
Mean = 325.6
Range = 80
Median = 49
Step-by-step explanation:
Mean= All numbers added dividend by 10 (amount of digits)
Range= Highest number minus lowest number
Median= Middle number (process of cancellation)
Fluorescent lighbulbs have lifetimes that are normally distributed with a mean of 5.2 years and a standard deviation of 1 years.
The figure below shows the distribution of lifetimes of fluorescent lightbulbs.
Calculate the probability that a randomly chosen Fluorescent lighbulb lifetime will be between 3.2 and 6.2.
Answer:
Step-by-step explanation:
To solve this problem, we need to standardize the values using z-scores and then find the area under the standard normal distribution curve between those z-scores.
First, we need to find the z-scores for the values 3.2 and 6.2 using the formula:
z = (x - μ) / σ
where x is the value, μ is the mean, and σ is the standard deviation.
For x = 3.2:
z = (3.2 - 5.2) / 1 = -2
For x = 6.2:
z = (6.2 - 5.2) / 1 = 1
Next, we use a standard normal distribution table or calculator to find the area under the curve between these two z-scores. The area represents the probability of a randomly chosen Fluorescent lighbulb lifetime being between 3.2 and 6.2.
Using a standard normal distribution table, we can find that the area between z = -2 and z = 1 is approximately 0.8186.
Therefore, the probability that a randomly chosen Fluorescent lighbulb lifetime will be between 3.2 and 6.2 is approximately 0.8186 or 81.86%.
5. (8 points) A chemical substance has a decay rate of 8.8% per day. The rate of change of an
dN
amount N of the chemical after t days is given by =-0.088 N
dt
(i) Let No represent the amount of the substance present at to. Find the exponential function
that models the decay.
(ii) Suppose that 400g of the substance is present at to. How much will remain after 3 days?
(iii) What is the rate of change of the amount of the substance after 3 days?
(iv) After how many days will half of the original 400 g of the substance remain?
1) The amount is 307 g
2) The rate of change is 0.088
3) The time taken is 8 days
What is exponential decay?Exponential decay is a mathematical process in which the value of a quantity decreases over time or space at a rate proportional to its current value.
We know that the exponential decay can be given by;
N =No[tex]e^-0.088t[/tex]
After 3 days;
N =400[tex]e^-0.088(3)[/tex]
N = 307 g
The rate of change after 3 days;
307 = 400[tex]e^-3r[/tex]
307/400 = [tex]e^-3r[/tex]
0.7675 =[tex]e^-3r[/tex]
-3r = ln(0.7675)
r = ln(0.7675)/-3
r = 0.088
1/2(400) = 400[tex]e^-0.088t[/tex]
200/400 = [tex]e^-0.088t[/tex]
1/2 =[tex]e^-0.088t[/tex]
t = ln0.5/-0.088
t = 8 days
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Find the area of the shaded segment of the circle radius=18cm 60 degrees
Answer:
To find the area of the shaded segment of the circle, we need to first find the area of the sector formed by the 60 degrees angle, and then subtract the area of the triangle formed by the radii and the chord.
The formula for the area of a sector of a circle is:
A_sector = (θ/360) x πr^2
where θ is the central angle in degrees, and r is the radius.
Substituting the given values, we get:
A_sector = (60/360) x π x 18^2
A_sector = 113.04 cm^2
Next, we need to find the area of the triangle formed by the radii and the chord. To do this, we need to first find the length of the chord using the formula:
c = 2r sin(θ/2)
where θ is the central angle in radians.
Converting the given 60 degrees angle to radians, we get:
θ = 60 x (π/180) = π/3 radians
Substituting the values, we get:
c = 2 x 18 x sin(π/6)
c = 18√3 cm
Now, we can find the area of the triangle using the formula:
A_triangle = (1/2) x base x height
where the base is the chord length c, and the height is half the length of the chord, which is:
h = r - r cos(θ/2)
Substituting the values, we get:
h = 18 - 18 cos(π/6)
h = 18 - 9√3 cm
Therefore, the area of the triangle is:
A_triangle = (1/2) x 18√3 x (18 - 9√3)
A_triangle = 243 cm^2
Finally, the area of the shaded segment is the difference between the area of the sector and the area of the triangle:
A_shaded = A_sector - A_triangle
A_shaded = 113.04 - 243
A_shaded = -129.96
However, the result is negative because the triangle is larger than the sector in this case. Therefore, there is no shaded area in this situation.
Step-by-step explanation:
Alam Tegar Bhd has issued bonds with a par value of RM1,000 and a maturity period of three years. The yearly coupon rate offered is 10%. Rating Agency Malaysia Berhad (RAM) has given a rating of AAA to the bonds of Alam Tegar Bhd. If the bonds were sold at the price of RM980, what is the yield to maturity (YTM) of the said bond?
The yield to maturity (YTM) of the bonds is 10.77%.
How to calculate the yield to maturity (YTM) of a bond?To calculate the yield to maturity (YTM), we need to use the following formula:
YTM = [(Annual Interest Payment + (Par Value - Market Price) / Years to Maturity) / (Par Value + Market Price) / 2] x 100%
Where:
Annual Interest Payment = Coupon rate x Par value
Par value = RM1,000
Market Price = RM980
Years to Maturity = 3
Coupon rate = 10%
First, let's calculate the annual interest payment:
Annual Interest Payment = Coupon rate x Par value = 10% x RM1,000 = RM100
Next, we can substitute the given values in the formula:
YTM = [(100 + (1,000 - 980) / 3) / (1,000 + 980) / 2] x 100%
YTM = 10.77%
Therefore, the yield to maturity (YTM) of the bonds is 10.77%.
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PLEASEEE HELP URGENT
The scale factor between the original and resulting points is equal to 4 / 3.
How to derive the scale factor
In this problem we find a representation of a quadrilateral and its image depicted in Cartesian plane. According to the statement, the coordinates of the original and resulting points are, respectively:
B(x, y) = (- 3, 6), B'(x, y) = (- 4, 8)
Then, the scale factor can be found by means of the following formula:
B'(x, y) = k · B(x, y)
(- 4, 8) = (- 3 · k, 6 · k)
k = 4 / 3
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Find the value of x
X=
Answer:57
Step-by-step explanation:
How can you determine how many solutions a quadratic function has?
Determining how many x-intercepts the graph has
O Determining how many y-intercepts the graph has
Looking to see if the function opens downward
Looking to see if the function opens upward
Answer:
Where is the picture???
Step-by-step explanation:
The function h is defined as follows for the domain given. h(x)=1-2x, domain =−3, -1, 2, 4 Write the range of h using set notation. Then graph h.
Answer:
you go queen
Step-by-step explanation:
yas
Dairy Queen, as part of Warren Buffet’s Berkshire Hathaway (BRKA) with 6,400 locations in the USA, gave away free ice cream cones to celebrate its 75th anniversary. If Warren Buffet has a bond bought at 105.25 at 4.75%, what is the current yield?
Current yield = 4.51%
What is the price of a bond?The price of a bond is equal to the future cash flows' present value, discounted at the appropriate discount rate—the yield to maturity.
The price of a bond is the amount that investors are willing to spend on an existing bond. Bond prices are stated as a percentage of face (par) value in the online offering table and statements you get.
Current Yield=Annual Cash Inflows/Market Price
Annual cash flow is 4.75% of 100 = $4.75
Market Price of Bond = $105.25
Current Yield = 4.75/105.25
=4.51%
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