Annual payment coupon
A 25 year, $1000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
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Find out the quantity of stock 75% EtOH required to prepare 300 mL of a 25% EtOH solution.
A 3 digit number is such that it's unit digit is equal to product of the other two digits which are prime. Also, the difference between it's reverse and itself is 396. What is the sum of the three digits?
A representative of the reputable financial services company has approached you as a manager of a four person group of anesthesiologist with an opportunity to purchase a 10-year annuity due for each member of the group.
Write down a recursive definition of the Fibonacci numbers. The Fibonacci numbers are the sequence of integers, each of which is the sum of the previous two numbers.
Frandec Company manufactures, assembles, as well as rebuilds material hand equipment employed in warehouses and distribution centers.
Use the secant techniques to find out the zero near -0.5 of f(x) = e^x - 3x^2. This function also has a zero near 4. Find this positive zero by Newton's method.
Write down a simple program on MATLAB to find the root of f(x) = x^3 + 2x^2 +10x -20 by using secant method with starting value x0 = 2 and x1 = 1. Run 20 steps, and include a stopping test as well.
Determine the fixed points for each of the following functions:
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