Subtract in the Indicated Base $$\begin{array} { r } 1001 _ { 4 } \\- \quad 32_4 \\\hline\end{array}$$

question 74

Multiple Choice

Subtract in the indicated base.
- $$\begin{array} { r } 1001 _ { 4 } \\- \quad 32_4 \\\hline\end{array}$$

• A) \(968_4\)
• B) \(303_4\)
• C) \(321_4\)
• D) \(312_4\)

Use and simplify fractions and decimals in arithmetic operations.

Perform arithmetic operations with fractions (addition, subtraction, multiplication, division) and simplify the results.

Determine the reciprocal of a given number.

Convert repeated addition problems into multiplication problems correctly.

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Definitions:

Forward Interest Rate

Rate of interest for a future period that would equate the total return of a long-term bond with that of a strategy of rolling over shorter-term bonds.

Yield Curve

A graph that plots the interest rates at a set point in time of bonds having equal credit quality but differing maturity dates, typically used to predict economic changes.

Maturity

The fixed date in the future at which the principal amount of a bond or other financial instrument is scheduled to be repaid.

STRIPPED Cash Flows

Cash flows from an investment that have had certain elements removed, often related to interest or taxes, to reflect the underlying performance more accurately.