Line MN passes through points M(4, 3) and N(7, 12). If the equation of the line is written in slope-intercept form, y = mx + b, what is the value of b? –15 –9 3 9

Answers

Answer 1

Answer:

b = -9.

Step-by-step explanation:

The line passes through (4, 3) and (7, 12). First, we need to find the slope: the rise over the run.

(12 - 3) / (7 - 4) = 9 / 3 = 3.

Now that we have the slope, we can say that m = 3. So, we have an equation of y = 3x + b. To find b, we can use M(4, 3) and say that y = 3 and x = 4.

3 = 3 * 4 + b

b + 12 = 3

b = -9.

Hope this helps!

Answer 2

The value of b in the equation is -9

How to determine the value of b?

The points are given as:

M(4, 3) and N(7, 12)

The equation is then calculated using:

[tex]y = \frac{y_2 -y_1}{x_2 -x_1} * (x - x_1) + y_1[/tex]

This gives

[tex]y = \frac{12 -3}{7 -4} * (x - 4) + 3[/tex]

Evaluate the quotient

y = 3 * (x - 4) + 3

Open the bracket

y = 3x - 12 + 3

Evaluate the difference

y = 3x - 9

Hence, the value of b is -9

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Related Questions

The arc length apothem shown below is 15 feet. Part 1) State the equation that relates arc length to central angle. Part 2) Find the angle apothem in radians. Part 3) Convert your answer from Part 2 to degrees and write it to the nearest hundredth of a degree

Answers

Answer:

ans right down there

Step-by-step explanation:

Here,Part 1

if the circle has a radius r so,

15 = r theta

here, theta is in radian.

Part 2

[tex]theta = \frac{15}{6} = 2.5[/tex]

part 3

[tex]theta = \frac{2.5 \times 180}{\pi} [/tex]

or theta =

143.2394487827058021919953870352629258310136811664108038729006

Enter an expression that is equivalent to (6x2−1)+(x2+3)−2(x2−5)−15x2, combining all like terms. Use the on-screen keyboard to type the correct polynomial in the box below.

Answers

Answer:

Its 10x^2+12

Step-by-step explanation:

Answer:

-10X^2+12

Step-by-step explanation:

Choose the situation that represents a function.

A) The number of raisins in an oatmeal raisin cookie is a function of the diameter of the cookie.

B) The inches of rainfall is a function of the day’s average temperature.

C) The time it takes to cook a turkey is a function of the turkey’s weight.

D) The number of sit-ups a student can do in a minute is a function of the student’s age.

Answers

Answer:c

Step-by-step explanation:

Answer: The answer is C.

Hope this helps you!

Mark is buying supplies for his students. He is buying a notebook (n) and a pack of pencils for each of his 25 students. Each pack of pencils costs $1.25. If Mark's total cost is $156.25, which of the following equations can be used to find how much each notebook cost? Select TWO that apply.

Answers

Answer:

$5

Step-by-step explanation:

Note. There are no options to select.

Let the notebook cost x, then Mark spent:

25x + 25*1.25 = 156.2525x + 31.25 = 156.2525x = 156.25 - 31.2525x = 125x= 125/25x= 5

Notebook costs $5

explain why the APR does not compare loans for different lengths of time

Answers

Answer:

APR does not tell you how long your rate is locked for. A 15-year loan may have a lower interest rate, but could have a higher APR, since the loan fees are amortized over a shorter period of time. It is not wise to compare a 30-year loan with a 15-year loan using their respective APRs.

Step-by-step explanation:

A human factor expert recommends that there be atleast 9 square ft of floor space in a classroom for every student in the class. Find the min space required for 49 students

Answers

I think the answer is 441 ft I’m sorry if it’s wrong

3(x–6)=18 help plese

Answers

Answer:

x = 12

Step-by-step explanation:

3(x–6)=18

x-6 = 18:3

x-6 = 6

x = 6+6

x = 12

Answer:

x=12

Step-by-step explanation:

name all the pairs of angles which are vertical angles , alternate interior angles , alternate exterior angles , co interior angles , co exterior angles , and corresponding angles from the given figure . (co interior - interior angles on the same side of transversal)

Answers

Answer:

Step-by-step explanation:

Since m and k are the parallel lines and a transverse 'l' is intersecting these lines at two different points.

- Opposite angles at the point of intersection of parallel lines and the transverse will be the vertical angles.

∠1 ≅ ∠3, ∠2 ≅ ∠4, ∠5 ≅ ∠8 and ∠6 ≅ ∠7 [Vertical angles]

- Pair of angles between parallel lines 'k' and 'm' but on the opposite side of the transversal are the alternate interior angles.

∠4 ≅ ∠6 and ∠3 ≅ ∠5 [Alternate interior angles]

- Angles having the same relative positions at the point of intersection are the corresponding angles.

∠2 ≅ ∠6, ∠3 ≅ ∠8, ∠4 ≅ ∠7 and ∠1 ≅ ∠5 [Corresponding angles]

- Co interior angles are the angles between the parallel lines located on the same side of the transversal.

∠4 and ∠5, ∠3 and ∠6 [Co interior angles]

- Co exterior angles are the angles on the same side of the transverse but outside the parallel lines.

∠2 and ∠8, ∠1 and ∠7 [Co exterior angles]

Suppose that 11% of all steel shafts produced by a certain process are nonconforming but can be reworked (rather than having to be scrapped). Consider a random sample of 200 shafts, and let X denote the number among these that are nonconforming and can be reworked.Required:a. What is the (approximate) probability that X is at most 30?b. What is the (approximate) probability that X is less than 30?c. What is the (approximate) probability that X is between 15 and 25 (inclusive)?

Answers

Answer:

(a) The probability that X is at most 30 is 0.9726.

(b) The probability that X is less than 30 is 0.9554.

(c) The probability that X is between 15 and 25 (inclusive) is 0.7406.

Step-by-step explanation:

We are given that 11% of all steel shafts produced by a certain process are nonconforming but can be reworked. A random sample of 200 shafts is taken.

Let X = the number among these that are nonconforming and can be reworked

The above situation can be represented through binomial distribution such that X ~ Binom(n = 200, p = 0.11).

Here the probability of success is 11% that this much % of all steel shafts produced by a certain process are nonconforming but can be reworked.

Now, here to calculate the probability we will use normal approximation because the sample size if very large(i.e. greater than 30).

So, the new mean of X, [tex]\mu[/tex] = [tex]n \times p[/tex] = [tex]200 \times 0.11[/tex] = 22

and the new standard deviation of X, [tex]\sigma[/tex] = [tex]\sqrt{n \times p \times (1-p)}[/tex]

                                                                  = [tex]\sqrt{200 \times 0.11 \times (1-0.11)}[/tex]

                                                                  = 4.42

So, X ~ Normal([tex]\mu =22, \sigma^{2} = 4.42^{2}[/tex])

(a) The probability that X is at most 30 is given by = P(X < 30.5)  {using continuity correction}

        P(X < 30.5) = P( [tex]\frac{X-\mu}{\sigma}[/tex] < [tex]\frac{30.5-22}{4.42}[/tex] ) = P(Z < 1.92) = 0.9726

The above probability is calculated by looking at the value of x = 1.92 in the z table which has an area of 0.9726.

(b) The probability that X is less than 30 is given by = P(X [tex]\leq[/tex] 29.5)    {using continuity correction}

        P(X [tex]\leq[/tex] 29.5) = P( [tex]\frac{X-\mu}{\sigma}[/tex] [tex]\leq[/tex] [tex]\frac{29.5-22}{4.42}[/tex] ) = P(Z [tex]\leq[/tex] 1.70) = 0.9554

The above probability is calculated by looking at the value of x = 1.70 in the z table which has an area of 0.9554.

(c) The probability that X is between 15 and 25 (inclusive) is given by = P(15 [tex]\leq[/tex] X [tex]\leq[/tex] 25) = P(X < 25.5) - P(X [tex]\leq[/tex] 14.5)   {using continuity correction}

       P(X < 25.5) = P( [tex]\frac{X-\mu}{\sigma}[/tex] < [tex]\frac{25.5-22}{4.42}[/tex] ) = P(Z < 0.79) = 0.7852

       P(X [tex]\leq[/tex] 14.5) = P( [tex]\frac{X-\mu}{\sigma}[/tex] [tex]\leq[/tex] [tex]\frac{14.5-22}{4.42}[/tex] ) = P(Z [tex]\leq[/tex] -1.70) = 1 - P(Z < 1.70)

                                                          = 1 - 0.9554 = 0.0446

The above probability is calculated by looking at the value of x = 0.79 and x = 1.70 in the z table which has an area of 0.7852 and 0.9554.

Therefore, P(15 [tex]\leq[/tex] X [tex]\leq[/tex] 25) = 0.7852 - 0.0446 = 0.7406.

as
8
3) The volume of
a wall, 5 times
high as it is board and 8
times as long as it is high, 12.8
(a.metors) Find The Breadth of the
Wall​

Answers

Answer:

  0.4 meters

Step-by-step explanation:

The volume is ...

  V = LHB

  12.8 m³ = (8(5B))(5B)(B) = 200B³ . . . fill in given values

  0.064 m³ = B³ . . . . . simplify

  ∛0.064 m = B = 0.4 m

The breadth of the wall is 0.4 meters.

3
BO
Evaluate the function f(x) = x2 + 4x + 1 at the given values of the independent variable and simplify.
a. f(6)
b. f(x +9)
c. f(-x)

Answers

Answer:

a) f(6)=(6)^2+4(6)+1=65

b)f (x+9)=(x+9)^2+4 (x+9)+1=(x^2+18x+81)+(4x+36)+1=x^2+22x+117

f (-x)=(-x)^2-4x+1

36x7 please EXPLAIN the process of the multiplication plse

Answers

36×7

=252

Explaination :

First Multiply 6 and 7 we get 42 !

Write 2 and 4 will be added to the product of 3×7

We get 21 and add 4 here

So we get 252

Answer:

[tex]36 \times 7 = 252[/tex]

Step-by-step explanation:

Firstly multiply 6 with 7 you have to write 2 and take 4 carry and then multiply 7 with 3 u get 21 now add the number u carry in 21 u get ur answer. 252.

Hope it helps u mate

PLEASE HELP ASAP Madelyn drove a race car in a race. She averaged 55 mph and began the race 0.5 hours ahead of the other drivers. The variable d represents Madelyn's distance driven, in miles. The variable t represents the number of hours since the other drivers began to race. Which equation can be used to determine the distance Madelyn drove t hours into the race? d=55t−0.5 d=55(t+0.5) d=55(t−0.5) d = 55t + 0.5

Answers

Answer:

d=55(t+0.5)

Step-by-step explanation:

d=55(t+0.5)

Answer:

27.5

Step-by-step explanation:

3a-27=0

How to solve

Answers

Answer:

a = 9

Step-by-step explanation:

3a - 27 = 0

3a = 27

a = 27/3

a = 9

3*9  -  27 = 0

27 - 27 = 0

Answer:

a = 9

Step-by-step explanation:

3a-27=0

Add 27 to each side

3a = 27

Divide by 3

3a/3 = 27/3

a = 9

A type of related samples design in which participants are observed more than once is called a
A. repeated measures design
B. matched pairs design
C. matched samples design
D. both matched pairs design and matched samples design

Answers

Answer:

Option A (repeated measures design) is the correct option.

Step-by-step explanation:

Researchers as well as statisticians vary in terms of methods used mostly for repetitive measurements. Besides illustration, repeated models of measurements are however recognized as repeated analyzes of variance measurements, standardized considerations of measurements, or layouts of objects throughout them.

The other three options are not related to the given instance. So that alternative A would be the correct choice.

Find the measure of c.

Answers

Answer:

149 degrees

Step-by-step explanation:

This shape is a cyclic, so opposite angles add up to 180 degrees.

180-31 = 149

Scores on a college entrance examination are normally distributed with a mean of 500 and a standard deviation of 100. What percent of people who write this exam obtain scores between 350 and 650?

Answers

Answer:

The percentage is [tex]P(350 < X 650 ) = 86.6\%[/tex]

Step-by-step explanation:

From the question we are told that

   The population mean is  [tex]\mu = 500[/tex]

     The standard deviation is  [tex]\sigma = 100[/tex]

The  percent of people who write this exam obtain scores between 350 and 650    

    [tex]P(350 < X 650 ) = P(\frac{ 350 - 500}{ 100} <\frac{ X - \mu }{ \sigma } < \frac{650 - 500}{ 100} )[/tex]

Generally  

               [tex]\frac{X - \mu }{\sigma } = Z (The \ standardized \ value \ of \ X )[/tex]

   [tex]P(350 < X 650 ) = P(\frac{ 350 - 500}{ 100} <Z < \frac{650 - 500}{ 100} )[/tex]

   [tex]P(350 < X 650 ) = P(-1.5<Z < 1.5 )[/tex]

   [tex]P(350 < X 650 ) = P(Z < 1.5) - P(Z < -1.5)[/tex]

From the z-table  [tex]P(Z < -1.5 ) = 0.066807[/tex]

   and [tex]P(Z < 1.5 ) = 0.93319[/tex]

=>    [tex]P(350 < X 650 ) = 0.93319 - 0.066807[/tex]

=>  [tex]P(350 < X 650 ) = 0.866[/tex]

Therefore the percentage is  [tex]P(350 < X 650 ) = 86.6\%[/tex]

Marine ecologists estimate the reproduction curve for swordfish in a fishing ground to be f(p) = −0.01p2 + 9p, where p and f(p) are in hundreds. Find the population that gives the maximum sustainable yield, and the size of the yield.

Answers

Answer:

The population that gives the maximum sustainable yield is 45000 swordfishes.

The maximum sustainable yield is 202500 swordfishes.

Step-by-step explanation:

Let be [tex]f(p) = -0.01\cdot p^{2}+9\cdot p[/tex], the maximum sustainable yield can be found by using first and second derivatives of the given function: (First and Second Derivative Tests)

First Derivative Test

[tex]f'(p) = -0.02\cdot p +9[/tex]

Let equalize the resulting expression to zero and solve afterwards:

[tex]-0.02\cdot p + 9 = 0[/tex]

[tex]p = 450[/tex]

Second Derivative Test

[tex]f''(p) = -0.02[/tex]

This means that result on previous part leads to an absolute maximum.

The population that gives the maximum sustainable yield is 45000 swordfishes.

The maximum sustainable yield is:

[tex]f(450) = -0.01\cdot (450)^{2}+9\cdot (450)[/tex]

[tex]f(450) =2025[/tex]

The maximum sustainable yield is 202500 swordfishes.

Century Roofing is thinking of opening a new warehouse, and the key data are shown below. The company owns the building that would be used, and it could sell it for $100,000 after taxes if it decides not to open the new warehouse. The equipment for the project would be depreciated by the straight-line method over the project's 3-year life, after which it would be worth nothing and thus it would have a zero salvage value. No new working capital would be required, and revenues and other operating costs would be constant over the project's 3-year life. What is the project's NPV? (Hint: Cash flows are constant in Years 1-3.)

Answers

Question Completion:

WACC = 10.0%

Opportunity cost = $100,000

Net equipment cost (depreciable basis) = $65,000

Straight-line deprec. rate for equipment = 33.333%  

Sales revenues, each year = $123,000

Operating costs (excl. deprec.), each year = $25,000

Tax rate = 35%

Answer:

Century Roofing

Project's NPV is: ($6,578)

Step-by-step explanation:

a) Data and Calculations:

WACC = 10.0%

Opportunity cost = $100,000

Net equipment cost (depreciable basis) = $65,000

Straight-line deprec. rate for equipment = 33.333%  

Sales revenues, each year = $123,000

Operating costs (excl. deprec.), each year = $25,000

Tax rate = 35%

Cash outflow in year 0 = $165,000 (Opportunity and new equipment costs)

Annual Cash inflow = $123,000 - $25,000 - $34,300 = $63,700

PV of annuity for 3 years at 10% = $158,422 ($63,700 x 2.487)

NPV = Cash inflow minus Cash outflow

= $158,422 - $165,000

= ($6,578)

Negative NPV

b) Since Century Roofing could have realized $100,000 from the sale of the building if it decides not to open the new warehouse, this opportunity cost is factored into the calculation of the Net Present Value.  It becomes a present cash outflow.  Century Roofing's opportunity cost is defined as the loss of $100,000 being the future return from the best alternative project when it chooses to build the new warehouse instead of selling off the building.

Solve x2 + 9x + 8 = 0 by completing the square. What are the solutions?
O (1.-8)
O (1.8)
O (-1-8)​

Answers

Answer: (-1,-8)

Explanation:

x^2 + 9x + 8 = 0
x^2 + 9x = -8

Add (9/2)^2 to both sides

x^2 + 9x + (9/2)^2 = -8 + (9/2)^2
(x + 9/2)^2 = -8 + 81/4
(x + 9/2)^2 = -32/4 + 81/4
(x + 9/2)^2 = 49/4

Square root both sides

Sqrt (x + 9/2)^2 = sqrt 49/4
x + 9/2 = plus or minus 7/2

Set x + 9/2 = 7/2:

x + 9/2 = 7/2
x = 7/2 - 9/2
x = -2/2 = -1

Set x + 9/2 = -7/2:
x + 9/2 = -7/2
x = -7/2 - 9/2
x = -16/2 = -8

Find the work W done by a force of 7pounds acting in the direction 30 degreesto the horizontal in moving an object 7feet from (0 comma 0 )to (7 comma 0 ).

Answers

Answer:

The work done by the force is 42.4 Joules

Step-by-step explanation:

The force F = 7 pounds

angle to the horizontal that the force acts ∅ = 30°

The object is moved a distance d = 7 feet

The coordinate  (0 comma 0 )to (7 comma 0 ), indicates that the movement started from the origin, and is along the x-axis.

The work done by this force = F cos ∅ x d

==> 7 cos 30° x 7

==> 7 x 0.866 x 7 = 42.4 Joules

Use the probability distribution table to answer the question.
What is P(1 < X < 5)?
Enter your answer, as a decimal, in the box.

Answers

Answer: 0.51

Add up the P(x) values that correspond to x = 2 through x = 4

0.07+0.22+0.22

So we have a 51% chance of getting an x value such that 1 < x < 5

By using the probability distribution table, the value of P(1<x<5) is 0.51

What is Probability?

Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true

What is Probability distribution?

A probability distribution is the mathematical function that gives the probabilities of occurrence of different possible outcomes for an experiment. It is a mathematical description of a random phenomenon in terms of its sample space and the probabilities of events

Given,

We have to find the value of P(1<x<5)

P(1<x<5) = P(2)+P(3)+P(4)

P(2)=0.07

P(3)=0.22

P(4)=0.22

P(1<x<5) = 0.07+0.22+0.22 =0.51

Hence, the value of P(1<x<4)= 0.51

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Even though the population standard deviation is unknown, an investigator uses z rather than the more appropriate t to test a hypothesis at the .01 level of significance. In this situation the true level of significance of this test is

Answers

Answer:

The true true level of significance of this test is more than 0.01.

Step-by-step explanation:

No standard deviation and we are told that the investigator still used z rather than the more appropriate t - distribution.

This method of using the z-distribution when standard deviation is unknown will definitely result in a smaller critical value and this in turn simply means that the p-value will be smaller than what it should really be.

Thus, it means the critical value is getting closer to the mean value than the way it should be.

Therefore, means that for a given significance of 0.01 and using the z-distribution under this no standard deviation situation, the true true level of significance of this test is more than 0.01.

Chloe wants to wrap a present in a box for Sarah. The top and bottom of the box is 8 in. by 3 in., the sides are both 3 in by 2 in. and the front and back are 8 in by 2 in. How much wrapping
paper will Chloe need to wrap the present?

Answers

Answer:

92 inches squared

Step-by-step explanation:

T/P = 8 * 3

L/R = 3 * 2

F/B = 8 * 2

Solving for surface area!

2(24) + 2(6) + 2(16) = 92

in the diagram, find the values of a and b.​

Answers

Answer:

           m∠a = 67° ,   m∠b = 42°

Step-by-step explanation:

∠a is alternate interior angle to ∠ECD

∠b is alternate interior angle to ∠BCD

so:

If AB || CD then:

m∠a = m∠ECD = 25° + 42° = 67°

m∠b = 42°

Which of the following is a solution for 5 - 2x ≤ -3?

Answers

Answer:

x≥4

Step-by-step explanation:

The required solution for the inequality 5 - 2x ≤ -3 is x ≥ 4 or x ∈ [4, ∞).

What is inequality?

Inequality shows relation between two expression which are not equal to each others.

The given inequality is,

5 - 2x ≤ -3.

Solve the inequality,

Add 3 to both the sides,

5 - 2x + 3 ≤ -3 + 3

8 - 2x ≤ 0

-2x  ≤ -8

Multiply -1 both the sides,

2x ≥ 8

x ≥ 4

The solution for the inequality is x ≥ 4 or x ∈ [4, ∞).

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Nala can spend no more than $150 per month on gasoline. She has already purchased $60 in gas this month. Which inequality can be used to find the maximum number of fill-ups she can purchase during the rest of the month, assuming each fill-up costs $30? 30n + 60 > 150 30n + 60 150

Answers

Answer:

150<60+30n

Step-by-step explanation:

150 is the maximum amount that she can spend on gas. (which is the total)

she already spend $60

each fill up (n) costs 30

Answer:

the answer is B)

Step-by-step explanation:

Question 15 please and i will mark the brainliest!!! And thank you to whoever answers

Answers

Answer: C) 12

Explanation:

We have 4 options for the first choice and 3 options for the next. So there are 4*3 = 12 different combos possible. The tree diagram below shows 12 different paths to pick from. For instance, the right-most path has us pick the number 4 and the color yellow.

A planet rotates on an axis through its poles and 1 revolution takes 1 day 1 day is 24 hours. The distance from the axis to a location the planet 30 degrees north latitude is about 3387.5 miles.​ Therefore, a location on the planet at 30 degrees north latitude is spinning on a circle of radius 3387.5 miles.

Compute the linear speed on the surface of the planet at 30 degrees north latitude.

Answers

Answer:

The velocity is  [tex]v = 886.96 \ m/s[/tex]

Step-by-step explanation:

From the question we are told that

    The period of each revolution is  [tex]T = 1\ day = 24 \ hours[/tex]

    The angle  is [tex]\theta = 30^o[/tex]

     The radius is  [tex]r = 3387.5 \ miles[/tex]

Generally the linear speed is  mathematically represented as

        [tex]v = w * r[/tex]

Where  [tex]w[/tex] is the angular speed which is mathematically represented as

       [tex]w = \frac{2 \pi }{T}[/tex]

substituting values

       [tex]w = \frac{2 *3.142 }{24}[/tex]

        [tex]w = 0.2618 \ rad/s[/tex]

Thus  

         [tex]v = 0.261833 * 3387.5[/tex]

        [tex]v = 886.96 \ m/s[/tex]

     

BOND VALUATION Asiana Fashion's bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8% and thebyield to maturity is 9%.What is the bond's current market price?​

Answers

Answer:

$935.76

Step-by-step explanation:

BOND VALUATION Asiana Fashion's bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8% and thebyield to maturity is 9%.What is the bond's current market price?​

Step 1

We find the Present value factor of sum

The formula =

(1 + i)^n

Where

i = maturity rate = 9% = 0.09

n = number of years = 10 years

Present Value = ( 1 + 0.09)^-10

= 0.4224

Step 2

We find the present value factor of annuity

The formula is given as:

1 - (1+i)^-n / i

i = maturity rate = 9% = 0.09

n = number of years = 10 years

= 1 - (1 + 0.09)^-10 /0.09

= 1 - 0.4224 /0.09

= 0.5775 /0.09

= 6.417

Step 3

The bond's current market price is calculated as:

= PV factor of Sum × Par Value + PV factor of annuity × coupon payment

Coupon payment is calculated as:

= Coupon interest × par value

= 8% × 1000

= 80

Hence,

= 0.4224 × 1,000 + 6.417 × 80

= 422.4 + 513.36

= 935.76

In this exercise we have to use the knowledge of finance to calculate the corrective value of the market place, in this way we find that:

[tex]\$935.76[/tex]

We find the Present value factor of sum, by the formula of:

[tex](1 + i)^n[/tex]

Where:

i = maturity rate = 9% = 0.09 n = number of years = 10 years

Substituting the values ​​in the formula as;

[tex]Present \ Value = ( 1 + 0.09)^{-10} = 0.4224[/tex]

We find the present value factor of annuity, by the formula as:

[tex]1 - (1+i)^{-n} / i[/tex]

Where:

i = maturity rate = 9% = 0.09 n = number of years = 10 years

Substituting the values ​​in the formula as;

[tex]= 1 - (1 + 0.09)^{-10} /0.09\\= 1 - 0.4224 /0.09\\= 0.5775 /0.09\\= 6.417[/tex]

The bond's current market price is calculated as:

[tex]= PV \ factor\ of\ Sum * Par\ Value + PV\ factor\ of\ annuity * coupon\ payment[/tex]

Coupon payment is calculated as:

[tex]= Coupon\ interest * par\ value\\= 8\% * 1000= 80[/tex]

So continue the calcule;

[tex]= 0.4224 *1,000 + 6.417 * 80\\= 422.4 + 513.36\\= 935.76[/tex]

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