Jimmy purchased a government bond which has maturity value of $2500 after 9 months
at 11 % simple interest. How much should he pay for this bond?

he should pay $23095 for this bond.

Step-by-step explanation:

We would apply the formula for determining simple interest which is expressed as

I = PRT/100

Where

I represents interest paid on the bond purchased.

P represents the principal or amount of bond purchased.

R represents interest rate

T represents the duration of the bond in years.

From the given information,

R = 11%

T = 9 months = 9/12 = 0.75

I = 25000 - P

Therefore

25000 - P = (P × 11 × 0.75)/100

25000 - P = 8.25P/100 = 0.0825P

P + 0.0825P = 25000

1.0825P = 25000

P = 25000/1.0825

P = $23095

$2706.25

Step-by-step explanation:

Principal(t)=$2500

Time(t)=9months=9/12=0.75year

Rate(r)=11%

Simple interest(si)=?

Si=(pxrxt)/100

Si=(2500x11x0.75)/100

Si=20625/100

Si=$206.25

Total amount=p + si

Total amount=2500+206.25

Total amount=$2706.25

-13

step-by-step explanation:

f(x)=2x-5 for f(-4)

f(-4)   means let x=-4

f(-4) = 2(-4) -5

f(-4) =-8-5

      = -13

d) by the cross product property, ab^2 = bc multiplied by ad

step-by-step explanation:

we are given

in the given triangle abc

angle a is 90° and segment ad is perpendicular to segment bc

we can see that

triangle(abc) and triangle(abd) are similar because they have common side and same angle (90 degree)

so, triangles(abc) and abd are similar

since, they are similar

so, the ratio of their sides must be equal

we get

now, we can cross multiply

and we get

so, this could be step to prove it