Azero-coupon bond is a security that pays no interest, and is therefore bought at a substantial discount from its face value. if stated interest rates are 4% annually (with quarterly compounding) how much would you pay today for a zero-coupon bond with a face value of $2,700 that matures in 6 years?

You pay today for a $2124.7

Step-by-step explanation:

Consider the provided information,

Interest rates are 4% annually with a face value of $2,700 that matures in 6 years.

Total number of months = n = 6 × 12 = 72

Interest is 4% annually which can be written as:

i = 0.04/12 = 0.00333...

FV is $2700.

Now, use the formula:

Substitute the respective value in above formula.

On solving the above equation, we get the value of PV is:

Hence, you pay today for a $2124.7

1^3 + 2^3 + 3^3 +4^3 = (1+2+3+4)^2

step-by-step explanation:

i am only able to answer the first part. i am not sure about the second part. sorry

step-by-step explanation:

let's assume

number of candles set =x

price of of x candles =p(x)

we are given

a candle maker prices one set of scented candles at $10 and sells an average of 200 sets each week

so, we get point as (200,10)

he finds that when he reduces the price by $1, he then sells 50 more candle sets each week

so, we can find slope

now, we can use point slope form of line

now, we can plug values

we can use point

and find b

now, we can plug it back

and we get

now, we can find revenue

we know that

revenue = price*quantity

so, we get