The $2 bill has been printed by the U.S. Treasury almost continuously since the Civil War, and there are still 1.4 billion of them in circulation. Other paper denominations have been discontinued
Example 2: Suppose a bond is selling for $980, and has an annual coupon rate of 6%. It matures in five years, and the face value is $1000. What is the Yield to Maturity? Solution: The yearly coupon payment is $1000 × 6% = $60, the equation takes the following form: A logarithmic function is an inverse of the exponential function.In essence, if a raised to power y gives x, then the logarithm of x with base a is equal to y.In the form of equations, aʸ = x is equivalent to logₐ(x) = y. In other words, the logarithm of x, or logₐ(x), shows what power we need to raise a to (or if x is greater than 1, how many times a needs to be multiplied by itself) to . 304 182 438 36 688 762 659 799