Answer: 12750
Explanation:
According to the information provided, Jake’s Cabins is a modest motel chain located close to the national parks in Utah, Wyoming, and Montana, and the recorded data for guest nights in June is as follows:
4400, 3600, 2250, 2400, and 100.
To calculate the total guest nights for June, we will sum these amounts. This calculation results in:
= 4400 + 3600 + 2250 + 2400 + 100
= 12750
Thus, the total guest nights for June amount to 12750
The answers are options 2, 3, and 4.
Response:
-11.8%
Clarification:
to resolve this problem, it's important to keep in mind that a bond's worth is primarily determined by figuring out the present value of its cash flow sequence. Therefore, consider a bond in terms of you being the creditor; you would earn interest from the loaned amount (the coupon), and after n years, you'd receive back the initial amount lent (the principal). Applying the relevant formula, we get the value of the bond as follows:

in this specific scenario, there are 29 years left until it matures after one year, thus we have:


given that the interest rate is higher, the return on the investment is as follows:

