Joaquim alvez purchases 32 bonds that mature in 2024 at 96.7. they have a coupon rate of 8.625%. find the effective interest rate rounded to the nearest tenth.

The coupon rate given to us is 8.625%.

To find the effective annual interest rate, we will have to use the following formula:

Where ER is the Effective Rate

r is the coupon rate in per unit

n is the number of months in a year.

Thus, if we apply the formula, we will get the effective rate to be:

In percentage, the effective rate is ER=8.974% and to the nearest tenth it is 9.0%.

this shows a reflection over the x-axis and is translated one unit down and 6 units to the right (x + 6, y - 1)

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answer: a. 13/44

step-by-step explanation: judging by the information given to us, we are looking for experimental probability. we can see that 13 males have chosen chocolate ice cream. there are 44 ice creams in total (remember that the total is always the denominator). so our answer is 13/44.