Here is the first principle formula for the bond price (discount or premium):
Price of the bond= BV* CR * { (1+i)^-1 + (1+i)^-2.......+(1+i)^-n} + BV* (1+i)^-n where BV (2000) is the face value or redemption value of the bond; CR (6.5%) is the coupon rate...

Assuming the coupon rate is payable at the end each year....therefore,
Price= 0.08*2000{ (1.06)^-1 +(1.06)^-2 + (1.06)^-3 + (1.06)^-4 +(1.06)^-5} + 2000*(1.06)^-5

If you replace X with apple, how many apples do you have now? ...9 apples or 9x, right Joseph?

I am not sure if you have ever heard of a math simple rule of how to deal with something like your problem. We in the Far East ( Singapore or Malaysia) use the following rule called BODMAS in order to solve your problems. Using this golden rule, we must solve your arithmetic or math problem in the...

4(100^(2x+1) + 5 = 4005
=> 4(100^(2x+1) = 4005-5= 4000
=> 4(100^(2x+1) = 4(1000)
Eliminate 4 from both side of the equation, you will get
100^(2x+1) = 1000 or 100^(3/2) ( Remember 100^1/2 =10, 10^3=1000 )
Since...